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All Forum Posts by: Ken Warg

Ken Warg has started 3 posts and replied 23 times.

Post: Financing With No Down Payment

Ken WargPosted
  • New to Real Estate
  • Albany/Troy
  • Posts 24
  • Votes 5
Originally posted by @Chris Teti:
Originally posted by @Ken Warg:

What about a hard money loan with lines of credit for the down payment or something like that? Are those options possible?

 Yep, that is possible, to 100% fund your deals.

Ok. Thank you.

Post: Financing With No Down Payment

Ken WargPosted
  • New to Real Estate
  • Albany/Troy
  • Posts 24
  • Votes 5
Originally posted by @Odie Ayaga:

Does the property need rehab? That's typically the purpose of hard money.Yes you can use hard money and lines of credit, but at the end of the day, what are you going to do if you encounter obstacles along (which is practically a guarantee in real estate)? Do you have some form of cash flow/income/etc coming in?

Yes I have a full time job also. 

Post: Financing With No Down Payment

Ken WargPosted
  • New to Real Estate
  • Albany/Troy
  • Posts 24
  • Votes 5

What about a hard money loan with lines of credit for the down payment or something like that? Are those options possible?

Post: New investor looking for advice on BRRRR, LLC, and lending.

Ken WargPosted
  • New to Real Estate
  • Albany/Troy
  • Posts 24
  • Votes 5

Chris,

How would I go about setting up business lines of credit? I'm looking to do a hard money loan or something like that, with lines of credit to use for the down payment. 

Post: Financing With No Down Payment

Ken WargPosted
  • New to Real Estate
  • Albany/Troy
  • Posts 24
  • Votes 5

I am looking to get financing for a property. Here's the deal though. I don't have money to put down and pretty much, everyone wants some money down. What can I do to get the extra money needed down for most loans? Are there some companies that will finance the down payment also?

Post: Contractor Recommendations Albany NY

Ken WargPosted
  • New to Real Estate
  • Albany/Troy
  • Posts 24
  • Votes 5

Dylan,

I am interested. Maybe we can connect since you are local to me. It's so hard finding local investors and other people I can talk with or link up with.

Ken

Post: Hard money to Conventional loan?

Ken WargPosted
  • New to Real Estate
  • Albany/Troy
  • Posts 24
  • Votes 5

It depends on the bank, but most banks require anywhere from six months to a year to refinance. 

Post: Upstate NY- Capital Region Investor

Ken WargPosted
  • New to Real Estate
  • Albany/Troy
  • Posts 24
  • Votes 5

@rich becker I am new to real estate investing. I'm in the Albany NY area and still looking to buy my first property. Maybe we can connect and chat a little. 

Post: Contractor Recommendations Albany NY

Ken WargPosted
  • New to Real Estate
  • Albany/Troy
  • Posts 24
  • Votes 5

I am also looking for good trustworthy contractors in the Albany, NY and surrounding areas. 

Post: From 2 to 18 Units ($1M+ in Real Estate) In 12 Months Using OPM

Ken WargPosted
  • New to Real Estate
  • Albany/Troy
  • Posts 24
  • Votes 5

This is awesome man! So inspiring. I want to be able to these kind of deals. I'm looking into buying my first property now.