Juan Martinez
Private money and Mortgage loan.
First time investor here.Working toward my acquiring my first deal.I don't have the money for down payment but step-dad said he would provide a loan for it at low interest (he said he is doing it more to help me out b...
Nicholas Duncan
Best option for financing owner-occupied?
Hello everyone,I'm currently a student going into my final year of college, and I've been looking at buying an owner-occupied multifamily home as soon as possible. The area I'm in has quite a few options that are with...
Chad Zaback
Bouncing from bank to broker after private money pulled back.
I have been finding out that the people that get "interested" in investing their money in real estate seem to cool down by the time I put a deal together. I am currently going through the process of getting loan throu...
Ryan Copeland
What is the value in purchasing MF property on MLS right now?
Hello BP,I've been getting a lot of notifications from my Zillow saved search criteria for multifamily properties. All of these properties have a high sales price and I definitely would not "win on the buy". Yet the...
Vincent Plant
Past due tenants, next steps
My tenants of 3 years have now found themselves in a hard place. They have been great tenants for the last 3 years, occasionally they’d be late but would always come up with the rent and tack on a late payment without...
Doug Coup
Fix n flip loans rates, points
Made offer. Trying to get pre apprival letter and finance fix n flip so i dont have to use heloc. And cash reserves.3br 1 bath with multi pin lots. Will subdivide later.150k. 40k reno. Arv comps should ve 225 to 245k...
Tami R.
You need to cash my check they day I give it to you......
We do not have the portfolio as most of BP members. I work full time in a career outside of real estate. We have between 55-60 homes. I swear the longer I am in it the more I hear, "why don't you cash my check imme...
Rick Shepard
Cashing out a lease-option...
We have a free & clear house in Huntington West Virginia that we have sold using a lease option. We sold the house for $17,500 and get $500 per month at 11% interest. The buyer is employed and has made 6 regular p...
Leonard Rybak
To Pay off Student Loan or Not
Hi everybody, I will be receiving a hefty amount in inheritance in the next few months, and I want to have the right mind set coming in. I already own 1 single family LTR and would like to get more. I currently us...
Sonam Jessica
Conventional loan vs FHA for 4 plex?
Is conventional loan available to first time home buyer for 4 plex ? Which loan is best for 4 plex ? Conventional loan or FHA ? If u guys have 4 plex or triplex sell let me know. I am in colorado