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 almost 4 years ago on . Most recent reply

User Stats

121
Posts
33
Votes
Mallikarjun Reddy Pateel
  • Investor
  • New Jersey
33
Votes |
121
Posts

Purchasing with Private Money then Refi at Lower Interest Rate

Mallikarjun Reddy Pateel
  • Investor
  • New Jersey
Posted

Hello BP, this is such an Amazing Community. Proves real estate Business is always Giving Back.

I’m a Newbie, here’s what I’m Planning to do.

Can I purchase a Property with 100% Private money hold on to it for Couple of months and then Refi it with Traditional Mortgage and get that Cashflow coming in. So that way I don’t put any money down. Is it even Possible?

What number of Cap Rate or NOI make sense for this type of Creative financing.

again I’m a Newbie I don’t if that’s Possible but share your Thoughts and advice. TIA

Loading replies...