All Forum Posts by: Nicole Davidson

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Hi! Where do you get hazard insurance while rehabbing? Thanks!

oh, ok what I meant by that is the 2pts upfront fee that hard-money typically charges, as far as I know. Thank you for all that, I get it. I just am wondering how you see people getting downpayments?

I do have reserves, I have a DSCR without prepayment penalty. I'm jsut looking for a creative way to get the other part of down so I don't have to liquidate anything. Do you have any ideas for that specific question?

its not distressed, its just a specific situation. 

I'm a realtor. 

Thanks in advance! I have the opportunity to buy a home $200k undervalue. I only have half the downpayment that I need. Where can I get it? Financing with 25% down DSCR, but was thinking of switching to hard-money for less down and then refinancing out once tenant in place - only hesitating because I didn't want to lose the 2pts upfront. Thoughts?

thank you! I have flipper friends with $5,000,000 credit so I bet its based on experience. I want to buy and rehab or fix and flip depending on deal. 

I have investor clients tell me about their giant lines of credit available for cash purchases... in your experience, are these relationships with local banks? private money?