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want to do a cash out refi on a home i purchased 1 year ago and put that money into a new purchase.
contacted 5-6 different banks/lending institutions and noone can do it.
they tell me:
"just got off the phone with...
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I found a property to flip in Columbus Ga and closed on it 01/06/21 and now my stomach is in knots. Is this normal on the first one and does it get easier to push through the more you do? It is not an extensive rehab...
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I just bought my first fixer upper to flip and now I’m trying to find a GC. I’ve been calling around to leads I’ve found. One asked me today how we planned to pay him. I always assumed a cost plus model but he said th...
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I may just have to chalk this up to a lesson learned, or decide to get a new banker on my team. Tell me what you think.So, I went to finance a house and my banker(who I've done 2 other mortgages with) asked me if I wa...
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Hi BP,I'm writing this post because I'm neck deep in analysis paralysis and trying to claw my way out. I've been researching REI for well over a year now. I've gotten my brokers license (just got my MLS access a coupl...
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This company in Chicago has a seemingly nice business model for turn key REI passive income. They try to find less expensive but non crime infested neighborhoods, purchase old brownstone or greystone homes with solid ...
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Hello, BP,One of my friends invested in a pre-funded 1st lien rehab loan in Patchogue, NY with one crowdfunding platform (many bpers are familiar with this platform ) , the loan has missed payment since March, 2016, b...
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Hi everyone,I have a question for those investors who make offers on a lot of properties. We all know that in order to do more deals, we need to analyze more properties, and we need to ultimately make more offers. I a...
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My wife and I are in the process of acquiring our first single family rental. We selected an agent that has his own rentals so he understands our mind set. He also understands the rental and sales markets, and is ev...
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Hello,Have not bid on an auction . com foreclosure auction and have a few questions.1. Is there a way to determine what the reserve is?2.If it doesn't meet the reserve, what happens with the property?3.One website cal...