Bryce Cutler
Making payment to Private lenders
Hey BP family,I was using Dwolla to pay my private lenders as it was easy and I could set it up as automated and I loved it for $0.25 per transaction. They have now raised their fees and it will cost me $5 per transac...
Robert Guilfoyle
HML Draws
So I contacted a couple HML's and one of them indicated that they require you to pay the rehab costs upfront, per a draw schedule and % of completion, they will inspect and approve and reimburse. Do all HML's have th...
Kyle Hricko
Angel Oak Prime Bridge "RE Perm" Loan
Has anyone had any experience with Angel Oak financing? Their RE Perm loan is advertised as no money down as long as LTV is 65% or less of the ARV value, starts as a short term loan while the repairs take place and th...
Matt Maluchnik
Lender said this to me....is he right?
Had a Lender say.... "No one can get you a loan on an investment property unless you have already lived in a property that you own for at least the past 12 months."
(My situation: great financials, but live in apartm...
Alexander Hamilton
Getting financing with LLC and new partnership
I'm in the final stages of rehab on a BRRRR property which I paid cash for and am looking for some advice on pursuing my refinancing options. Unfortunately my credit is not good enough for the refinancing aspect of th...
Harold Mateo
Who are the best private lenders out there? Thoughts
Wondering what good experiences you may have had with private lenders? Northeast, suggestions....
Paul Gallardo
First Deal I'm nervous
Fiance and I are trying to buy a 2 unit multi family in WI. had frustrating results with our mortgage broker. He told us we dont have enough revolving credit history. Only 4 months with a secured card so far. determin...
Lisa Peabody
Horizon South Townhouse or house on the Westside of PCB
Anyone on here have or know of anyone who has a townhouse on Horizon South or know anything about that area. Looking to buy a first time STR. We are looking at a house on the West side of PCB and wondering everyones...
Jeff G.
Seller Underwater, No-Rentals Clause in Mortgage
Hello BP family,I'm working with a seller who is in a tough spot. He has a tiny (sub 700 sq ft) two bedroom that he's underwater on. He's motivated as all heck because he's relocating to another state. I ran a subject...
Adam Melon
Does an LLC with multiple partners increase odds of loan approval
So I have 3 potential partners that I am considering creating an LLC with. The partner with the most capital to contribute and probably the most knowledgeable on the real estate business has a pretty bad credit score....