Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Eddie Aguirre
  • Investor
  • Sherwood OR
0
Votes |
4
Posts

I need private money for a property in Portland Oregon

Eddie Aguirre
  • Investor
  • Sherwood OR
Posted

INvestment property = It's a SFH 3B/1B, 1,100 sqft with a ARV of $385K, Rehab done for $35K, Purchase price of $292,500. I did not realize I couldn't use the equity created from the rehab towards the down payment since my name needs to be on title for at least 6 months. I need a $67,500 loan for the down payment to purchase the house, the loan will be paid back within a year after I do a cash out refi. BTW I looked at hard money lenders and the fees are just too much.

Loading replies...