Hi BP,I'm preapproved for conventional financing on purchasing investment property, but in order to preserve my credit in the short-term (for a few non-real estate things I'm doing) I've got a buyer that's agreed to s...
I'm in the process of setting up a partnership with 2 other investors. I feel good about setting up an additional LLC, and drafting up legal documents etc. However, I'm not sure how we can go about obtaining financing...
Hi,I am hearing lot of discussion on commercial loans being available for fix rate for 15 years or longer term. Currently we own Duplexes to 14 unit apartment buildings. Most of our loans are for about 5 year term and...
Hello legendary BP members! I am still new to the REI world but for the past year I have been trying to be as active of a learner as I can with listening to the BP podcasts and reading the classic rotation of real es...
How many paychecks do you need at your first job for the bank to consider you for an FHA loan?
Good morning all,I am trying to find out the best financing I should seek. I have about 270K from a Home Equity Line of credit on two homes I have. I want to buy six lots to build six more homes however, doing that ...
I recently verbally agreed with a seller in my neighborhood to purchase a townhome from him for $130,000. As I understood the deal, he would finance the purchase and I would pay him $700 (542 in interest and 158 in pr...
Anyone familiar with or did business with this company?https://finance-llc.com/
For those of you who have successfully pulled all capital out of a BRRRR using delayed financing, how did you present the rehab to title to get it added as settlement to buyer? I am set to close Tuesday and have not h...
Hi everyone :) someone may have already asked this question so please link the thread below if so. What is the best way to finance a BRRRR in your opinion? HML? Private money? I was leaning more towards HML but I’m wo...