Sequence of follow ups on concrete blocks delivery since Jan 2023.23rd Jan: First follow up response - concrete blocks will take time since it's the slowest part. 24th Feb: Second follow up response - still waiting on block delivery schedule from the vendor.21st Mar: Third follow up response - vendor said they will have a batch of deliveries going out next week. 28th Mar: Fourth follow up - haven't heard back.6th Apr: Fifth follow up - haven't heard back.

The last lender I’ve tried to get a pre-approval had a, imo, patronizing response saying,”Although lots of people talk on social media about buying a three or four unit property with only 3.5% down in practice it almost never works.”All lenders who I’ve tried to give a pre-approval for has tried to sway me to switch to a 5% conventional instead.

I didn’t have a pre-approval amount per se, I just knew that I didn’t have to worry about funding for anything under maybe half a million and my typical purchase and rehab was in the 150 to 250 range.

However, I'm short on cash (will be putting $20k of my personal money into this)  and I am exploring creative ways to source funds for the project.I’ve been quoted for a $100K HELOC on my primary residence with a 30/1m ARM at a 13.25% rate and APR, with an interest-only monthly payment of $1,016 and $3,825 in points.

The improvements needed to be completed within the 180 day timeline, so I did a pre-fab ADU.

Know that every long term lender will require a survey and if something comes up on it when you are trying to sell or refi, you could get stuck in hard money without an easy or quick way to get out.Is there a pre-payment penalty?

Line of Credits (like HELOCS) allows access to a set amount of money up to a pre-determined limit and it is revolving.

I am a new real-estate investor looking at flipping properties in a higher end neighborhood. I was hoping someone with some experience would be able to answer a few questions I have, such as: What kind of deal finding...

A three bedroom house for 800/mo is crazy low!

Hey Kenny no it's more out the money to work and if needed get personally involved right right now have 3 clients I helped raised 175k in 0% interest business funding with 12 months 0 apr and they want to get going in real estate and make modest returns not shooting for home runs