I would like to start private lending to out of state areas, where properties are within my LTV % for first position. What is a good processing in reaching reputable real estate flippers/buyers to do so?Thanks!
Hello BPShould I buy a property that generates negative monthly cashflow including vacancy reserves, management reserves, CapEx, and property management fee? When I remove vacancy reserves, management reserves, CapEx,...
Experts, I am looking for some pointers which areas to target for my 2nd rental property. I am based out of California.$$ Range = max 250kDown payment = max 25%Goal = Positive cash flowBelow are the areas i have done ...
Hey, Does anyone know how to write a promissory note and a 2nd lien on a rental property on Ohio. I'm looking for investors so I can scale up my rental portfolio. I currently have one unit, but I'd like to bring on a...
I put an offer on a short sale. 391K offer, comps are over 600k. House needs approx. 100k in upgrades. Offer was accepted, sellers bank approved. However, the seller did not disclose to the bank that he owes 27k in ba...
Looking for recommendations on creative financing for two properties that I own outright. I currently have low reportable income due to recently going completly self employed in 2023, and rehabbing these two properti...
Hello,
Currently looking for a lender who can lend on a single wide mobile home and land. This loan would be as a second and/or investment property in NC. From my understanding is Fannie/Freddy only allows lending on...
Hello,
I'm based in California and looking to dive into the real estate market in the Cleveland and Akron areas. I've got my eye on some promising opportunities, but I could use some guidance from those experienced i...
Are there any Lenders still doing HELOCs in 2021? Most companies advertise HELOCs on their websites, only to tell me they have stopped doing them once I call. Any recommendations?
I'm curious to know. If you have a property that is under a mortgage, is it possible to get a hard money loan on top of the mortgage to make some renovations to the property ? I don't know if it varies with different...