All Forum Posts by: Jeff Short

I need help finding a bank that is creative enough to allow a HELIC to be set up for the initial purchase.

Thank you

For Indy, I'd use MB Financial, they will do 75% Cash out refi into a 30 fixed, and start the process as soon as you are on title, but only up to purchase price till after 6 months.  They may go 80% but not sure. 

I'd like to hear how it goes and what you learn from this.

Steve Vaughan yes I got very creative on this finance. We started with a typical lender and moved to leveraging a few assets we have to complete the purchase.

Hey Erik, I'm just starting out in the Selah/Yakima area, (just bought a HUD house) I would enjoy learning a thing or two from you over coffee. Do you go to the local REIA? Also nice work on the portfolio

Currently building my education in realestate.  Just bought my first property without a lender.