My wife and I would like to mortgage a house in Denver. However, the house we like is $360k and we dont have 30% to make as down payment. It would take us at least 4 years to save that much and we'd rather wait than b...
Okay BP folks, here goes nothing.I have an opportunity to purchase a home in a nice neighborhood of Denver for 200k. I will have to fly out and get a true inspection to see how much work actually needs to be done, but...
I was hoping someone can help me understand the process of BRRRing using a hard money lender for acquisition and then refinancing after renovation and renting. If I do not have a W2, am I still able to refinance into...
Hello all,
I have mentioned in previous posts that we are selling our home to kick start our fix and flip biz. I have talked to our Realtor (who is selling our home) about this and asked him if he works with "investo...
How does the process of acquiring private money work. You bring a deal to the potential lender, they like it and decide to lend you the money for a specific amount based on certain conditions. What are the next steps?...
I have recently received some real estate investment training and they have been telling us in class that to satisfy hard money lenders, all we have to do is to submit an app, get approved and print off the proof of f...
Hello! I am a newer member here and so I apologize if this question has been asked before but I am wondering if anyone has any knowledge or advice on a lender I am looking at using for a rental property purchase and w...
Hello BP compadres!! I have a dillema on my hands. I have found a property selling for $61,000 in southern Georgia, and it needs around $40,000 in renovations. I have ran the comps, and the home has the potential to s...
I am a young student (21 to be exact) looking to invest in real estate. I work part-time, and the income just isn't enough to support myself. After rent and all my other bills, I am left with literally pennies every p...
Hello,I am possibly putting an offer down on what would be my first house to rehab, but I am concerned about any potential liens that might be on the house since it is a foreclosure. If I am going through a real estat...