Mario Luna
New Investor in California..
So I've been checking out Auctions...and there is some great deals..I've applied for a Hard Money Loan, but they want a lot of paperwork upfront, information that i don't have yet...How can I go into an auction with o...
Anthony D.
HML tells me I Cant get a Investor loan unless...
As a newbie I was having a general first conversation with a HML about loan program and terms. I happen to mention that I don't have a primary residence in my name and He told me that I can't get a investor loan for a...
Account Closed
questions about FHA 203k loan
Hello BP,I am a newbie looking into getting a triplex multifamily property. I currently live in IN, but looking to buy property in Chicago, IL. Should I look for lenders in IN for a FHA 203K loan or in Chicago? How sh...
Roy Jenkins
Best Loan For New Investor
I want to start flipping properties my last year in the military but I'm not quite sure what the best type of loan would be for a beginner flipper. Open to any tips, thank you!
Brian Crowe
Lending - Any one used Dominion Financial for lending?
Hello All,Reaching out for any insight into this company, Dominion Financial. Based in Maryland and lend on the East Coast. They are wanting all my financials, SSN etc for the application. I expect this, but was not...
Bryan Hartlen
Property sold subject to (through a title company)??
Wondering if this is common and what we should be wary of as the note holder...
- We originated a note on a property (in Brazil, IN; Clay County in case that matters). We went through a local title company for the c...
Hunter Perkinson
Questions about the Hard Money Process
Hello BP, I was hoping someone could give me clarification on how using hard money works. I've never flipped a property before but thats what I'm looking to do. I want to get my financing in order first and hard money...
Jon Passow
Purchaasing through an LLC
Sorry for the misspelling in the title, hit post too soon and now I can't edit the title. I've decided to go the LLC route for my REI plan and I'm a little confused on how to purchase a property THROUGH an LLC. Detail...
Shaye Mora
Bypassing FHA 1-year owner-occupied requirement
I'm looking for tips on how to bypass the minimum 1-year requirement on an FHA Loan. I am currently house hacking a duplex I bought in March 2019 and just recently bought a SFH on June 1st. The duplex is under an FHA ...
Padric Lynch
Do you have to have an LLC to use hard money?
Just spoke to a hard money lender. Among the documents he needs to vet my eligibility, he needs to see that I have a LLC because they will not lend to me personally. Is this typical?