Options for funding my 3rd deal.
Hello everyone,
I am working on my 3rd deal. Here's my story I house -hacked my first 2 homes and now I am looking to buy my first out of state investment property in FL. I contacted 2 banks so far I plan on calling more to try to get a HELOC on anyone of my properties, but they stated they can't because the LTV is to high (above 80%) on both. Unfortunately that was part of my plan to tap into my Home equity for the down payment. I would love to get into private money lending, but am still hesitant. If anyone has done deals using private money or hard money could you share your experience. Or any recommendations on lenders I could reach out and talk to.
Best
-Allen