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I am currently in the middle of a large renovation project on my home, which I am converting into condos and plan to flip as soon as the renovation is complete in early December. Originally I was planning to have a pa...
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Need help with the DSCR is not high enough. I want to put 20% down but he DSCR is only allowing for 40% LTV max. Any other ways to get up to 80% ltv besides hard money pricing?
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Hello BP community!!
I wanted to make an introduction and ask some of the real estate veterans here their advice on ANYTHING AT ALL. Any books or resources would be of great assistance to me!
So, I am 26yrs old. I ...
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I've been listening to podcasts and looking at the site for a while and this question has prompted me to make an account. Thank you in advance for any advice and help, especially from lenders. What lenders will do a c...
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Hello,
I own a rental property in MN but live in CA. I want to get a Heloc loan to purchase another property. Bank said that they cannot give it because I dont live in MN. Any idea who would be able to give a heloc ...
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I am looking for a lender/ HML that will allow second position lien as down payment. Does anyone has any recommendation? Yes, I am aware most HML don't allow second positions.
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Hello,
I am interested in the pros v. cons to creating an LLC and operating under said implications.
A few questions I have top of mind:
Does it cost anything to hold an LLC in the state of Colorado?
Does...
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Im new to real estate and Im just fascinated with the number of money you can potentially make, i just really can’t figure out a way to enter investing
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Hello All,First post! I’m 35, and I'd like to create residual income that I can depend on within the next 10 years. I’ve been listening to the podcasts, researching online and getting my financial house in order. I’m ...
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Is it possible to refinance as an exit strategy from hard money loan?
My strategy is to buy & hold as I'm more comfortable managing property. My yearly income & my credit is pretty good.
What do I need to be...