Clint Miller
Where Do You Find the Funds for the Down Payment?
26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
Brandon Cormier
How did YOU get into your first commercial multifamily deal?
29 January 2025 | 4 replies
Extra set of eyes, second opinion and diversity of your own investments
Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
I had a heart-to-heart with the contractor and made it clear what our expectations were and no more money (he was asking for a second payment of a three payment contract) would come his way.
Devon Shives
2nd house hack help!!
9 January 2025 | 2 replies
I was in a similar situation for my second house hack.
Lee Sanders
Hello from Boston MA
27 January 2025 | 25 replies
On my second house hack, I am hoping to scale beyond small multis soon.
Brandon Cormier
Off market Value add 4 family success!
24 January 2025 | 2 replies
Second though, is the importance of delegating if you want to scale.
Harinando Andrianarimanana
New Investor in Kirkland, WA - Starting with Live-in Flips, Aiming for Long-Term Rent
16 January 2025 | 2 replies
As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market.
Jasper Zimmerman
Property management Anderson, IN
21 January 2025 | 6 replies
Hello everyone, I'm under contract for my second buy and hold investment.
Gregory L.
Rent it or live-in flip it?
26 January 2025 | 2 replies
It might take at least two years before we can make a substantial down payment on a second home.
Arshiya Taami
is 95% LTV for a DSCR Loan that is 2.2 possible?
14 January 2025 | 15 replies
If you have a seller-financed deal, I can help you line up a DSCR loan and set up a second position behind it so you don’t have to come out of pocket much.