Does anyone know of any banks or credit unions that dont require a seasoning period to use the appraised value of a multifamily?The properties are bought,repaired, and rented within 8 weeks. Id like to cash out at the...
So I'm a newbie and ready to make my first offer. I'm interested in flipping a few homes over the next few years to increase my cash and will then change my strategy to buy and hold. I found a home on Zillow saying ...
hi all in the BP universe! I just purchased my first condo, but I don't want to stop there. I work full time and I am out of the house almost 10 hours a day. I have been reading about flipping and HMLs. I am from mon...
My goal is to do 2 flips in the next 12 months to create enough capital to put a downpayment on a duplex to house hack. I have no money to put into a deal. Recently, I went to a local real estate investing meeting and...
Hi All,
I am reaching out to see how people typically structure a deal when an investor is bringing all of the money to the table (purchase and rehab). Typically I use a hard money lenders along with my own capital s...
I’m looking to get my first investment property in the Macon Ga market, but not sure how to get started with finding financing. Most of the properties I have been looking at are $50k and below, but most need middle to...
Hey guys,So I have been able to find some solid properties on Redfin recently but have been a bit hesitant on pulling the trigger. I have 10% downpayment the houses but the entire loan process mentally hangs me up so ...
Any recommendations for delayed financing in the Los Angeles area? Is there a required LTV?
Any other buy and hold options if needing to pull cash out ASAP after renovation?
Any wholesaling advice for beginners? Where to find contracts to give to both buyers and sellers? Where to find properties and buyers?
I am working on a Subject To Deal and would greatly appreciate any advice anyone may have to offer.
Here is a breakdown of the numbers:
Property ARV: $120,000 cash.
Loan amount still owed: $79,000 cash.
Interest r...