Christian medshare & high deductible plans.

My first purchase I used a partner to obtain the bank financing as well as the down payment so I was zero out of pocket on my first 4 or 5 deals (all of which with purchase prices well under $200k.There are many ways to skin a cat so if you don’t qualify for the traditional bank loan, get creative but in doing so, be very careful in using OPM.

@Christian Nachtrieb - I'm using PML for entire purchase price and in some cases a portion (or all) of rehab funds needed for the project up to 70% of appraised ARV, so no other lender involved at that point and I do not put anything down.

We bought a nearby property and moved out.We're now trying to sell the property, but with close to $100k in non-house improvements (well, electric service, house pad, barn/workshop, fencing, etc.) it's a tough deal for a traditional lender to process.

Good luck...Hi @Lee Lockhart, I did not have a traditional contract in place, I did have an invoice from the contractor and he emailed me a target date to get his work done.

If anyone can tell me some areas I should look into or non traditional alternatives to the average real estate agent I'd appreciate it.

I quit my traditional job about 15 months ago and work now as a real estate investor full time.

You could find a personal loan or hard money lender to fund your next adventure, but the terms are going to look much worse than traditional conventional financing.

Hello BPers,Has anyone borrowed from Patch Homes as an alternative to a traditional HELOC?

We bought a nearby property and moved out.We're now trying to sell the property, but with close to $100k in non-house improvements (well, electric service, house pad, barn/workshop, fencing, etc.) it's a tough deal for a traditional lender to process.