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Results (10,000+)
Sarah G. Financing question for a newbie
7 January 2019 | 3 replies
there are several options, you could do a Non owner occupied Cash Out, on the Secondary Market like Fannie or Freddie, you could take a Line of Credit, some banks may do a HELOC most will not because its a HOME Equity Line of Credit, and because its not your Home most will not, but you could do a Commercial Line of Credit, I have a couple, one is for 3 years the other is 2 years, but dont be surprised if they only offer you a 1 year term to start. you could also cash out on a commercial note, 3 or 5 year term, 20 or 25 year amm, these are pretty easy to get if you or the property have decent income, your biggest struggle will be that you are out of state, so may want to look to banks that are in both your home market and where your property is, like BMO for example, still a smallish bank so somewhat flexible,  yet large enough to be in both markets, good luck
Jeff Bieniek Which hard money lenders do you sugguest for a first timer
8 January 2019 | 5 replies
They will be significantly more flexible than most lenders. 
April Eilers Scenario Advice in Northern Virginia
14 January 2019 | 4 replies
If you still live in the property where you have $200k in equity, you can get a HELOC (there are some banks and credit unions that offer 90-95% LTV for primary residences) and use this funds to buy investment properties.Couple more things to consider:- This option also gives you the flexibility to decide what do you want to do with your Annandale property in 3 years, not now.
Charles Thurber Arrangement on Potential Investing Partnership
8 January 2019 | 1 reply
Partnership tax law allows very flexible income/loss allocations. 
Scott Luetgenau Advice on Cash Out Refinance
12 January 2019 | 18 replies
And I would recommend asking some specific questions (referenced below) to see if they are flexible with investors. 
Justin Siddall Military Move to Seattle - Help/Rec for Finding a Rental
12 January 2019 | 3 replies
If she walks across and takes the bus, it is much cheaper and more flexible than you driving across. 
Aaron Tiffany Limitations on future financing using BRRRR
14 January 2019 | 3 replies
Yes, they will be very similar to F/F in many ways, but the local bank has the flexibility to make calls on a case-by-case basis.
Nicole Groenewald Finding a new day job to help with REI
26 August 2018 | 2 replies
So looking at a career shift that’s more flexible hours.
JR Rivas Avoid single family as a new investor?
4 January 2022 | 75 replies
Currently have an 8 unit that we are rehabbing, and once its up on the market I'll only need to have 50% occupancy to cashflow all expenses, which means I can manage risk better, and this only comes with having multiple doors.Bottom line is, multiple doors will obviously give you more flexibility, but at the end of the day you should invest in what you want. 
Chris Harpe Try to invest full time? OR keep W2 job and invest part time?
27 August 2018 | 3 replies
OR should I find a new job that pays more that is less flexible, and try to invest part time?