Thayer Hood
Getting into REI with Bad Credit?
Some of my closest friends in my social sphere have finally came around after seeing the returns our team is making for REI. They have concrete jobs with good solid salaries ($65-85K). However, they have abysmal credi...
Dana Gaglione
Get a potential deal or a lender first?
This a "chicken or the egg" type of question.My Mother and I are interested in buy and hold properties, we are very new about a month in. We would like to use hard money or private money lenders; like another investor...
Account Closed
Looking to jump to next level
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Milwaukee.
Purchase price: $260,000
Cash invested: $35,000
Sale price: $260,000
Beautiful 4 Unit in South Milwaukee in...
Adam Fuhrman
Joint Package 2 Property FHA Loan
Is it possible to acquire an FHA loan for a 4 unit property if the owner is interested in have a package sale for another 4 unit property. I would be dwelling in one of the units to fulfill the FHA requirements, and t...
Cassidy Burns
Are people overpaying for Subject 2 / Seller Financing Deals?
Hi BP,I was meeting with a potential lead yesterday and was discussing how I was going to purchase his portfolio. I think we made good traction and will be able to make it work for the both of us, HOPEFULLY. That be...
Kristi Wolfe
BRRRR deal loan terms
I'm a newbie in the "learning and assembling me team" stage, and I found a lender who had a loan that was structured for BRRRR deals. Back in early March (pre Covid), details were:Minimum downpayment: 10% of the tota...
Kyle Spearin
BRRRR and House Hack Hybrid
Has anyone tried house hacking while also employing components of the BRRRR strategy?I recently sold my single family house and want to house hack a multi-family for my next one. I hope to take advantage of a low down...
Chad J Muse
private money or partner?
New to REI ( about a year). Still working day jobs, my wife and I bought 4 sfh last year. 3 buy and hold, one flip. Flip almost ready for market, 2 of 3 fully renovated and rented(duplex and sfh renovated, one turn ke...
Nick Avola
203K Agent Recommendations
Hi, everyone.
I'm on the hunt for an experienced 203K RE Agent. Preferably one with strong lender and GC connections in Eastern / Central MA.
Any recommendations or pitches? Thanks in advance!Best,Nick
Brandon Petersen
Commercial vs residential financing options
We purchased a 6-plex that is zoned mixed use that needed renovations. The previous owner had residential financing as a 4 plex, even though it clearly wasn't a 4 plex. We are renovating the units into hotel style u...