Surya S Kumaresan
Newbie - Here to learn about Rentals, House Hacking and Flipping!!
29 January 2025 | 4 replies
To fund your next deal, explore conventional loans (15-25% down), FHA loans (3.5% down for house hacking), DSCR loans (based on rental income), or HELOC/cash-out refinance if you have equity.
Nick D.
Pulling equity out of investment properties under LLC for a DP on a 3-family
17 January 2025 | 14 replies
Many lenders won't allow you to sell or refinance the properties individually if you have these on a blanket mortgage.
Lisa Oliver
Best advice for finding plumbers, handymen
21 January 2025 | 10 replies
Your best bet is to ask for referrals from professionals in the space: realtors, other investors, this forum, FB groups, etc.
Lisa Albright
Rehab personal home taking funds from rental property equity
13 January 2025 | 8 replies
LOne common strategy is doing a cash-out refinance on one of your rental properties to tap into the equity.
Alex Spivey
I'm new and don't have much info
27 January 2025 | 1 reply
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
Matt Meier
Seeking Short-Term Financing Options for Renovation Property
9 January 2025 | 16 replies
Your issue more so is the seasoning period for the refinance is what it sounds like.
Tyler Kesling
HELOC / Lease to Own
13 January 2025 | 2 replies
Purchase Terms: Clearly outline the terms for your brother to purchase the property from you, including the timeline and price.To minimize the financial burden on your HELOC, refinance the property into a traditional mortgage as soon as possible.
Jimmy Jeter
New construction, 75% done. About to run out of money
28 January 2025 | 11 replies
You can talk to the bank about a loan; however, my bet is they will want some form of contract and scope of work and will only pay him at set milestones.
Lorraine Hadden
Invest In A Metro-Market That Made The 2025 Top Performers List?
10 January 2025 | 4 replies
I bet both Columbus and Cincinnati made the list.
Matthew Posteraro
Conservative Scaling for House Hacking
29 January 2025 | 10 replies
There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.