![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/173005/small_1621421484-avatar-mattr27.jpg?twic=v1/output=image&v=2)
5 December 2024 | 554 replies
It's kind of hard to hide money using a transparent global financial system.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/705177/small_1675463558-avatar-collinschwartz.jpg?twic=v1/output=image&v=2)
1 December 2024 | 377 replies
I financed the property using a HELOC for my down pmt and commercial lending for the remainder.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/677718/small_1734730754-avatar-tylerjahnke.jpg?twic=v1/output=image&v=2)
30 December 2024 | 819 replies
I would also be interested in out of state investing, possibly using a TK supplier as a wholesaler/rehabber to be my “boots on the ground”.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2999371/small_1717465726-avatar-lucass155.jpg?twic=v1/output=image&v=2)
21 November 2024 | 23 replies
Let’s break it down with your example and explore the financing options.Max Leverage (Using a Lender for 90% Purchase and 100% Rehab):Purchase Loan: 90% of $80,000 = $72,000Rehab Loan: 100% of $25,000 = $25,000Total Loan Amount: $97,000Your Cash Investment:Down Payment: 10% of $80,000 = $8,000Closing Costs and Fees: Estimate around 3-5% of the purchase price = $2,400 - $4,000Holding Costs: Property taxes, insurance, utilities, and interest during rehab (estimate $1,000 - $3,000)Contingency Fund: 10-15% of rehab costs = $2,500 - $3,750Total Cash Needed: $8,000 (down payment) + $2,400 - $4,000 (closing costs) + $1,000 - $3,000 (holding costs) + $2,500 - $3,750 (contingency) = $13,900 - $18,750Moderate Leverage (Using a Lender for 90% Purchase and 0% Rehab):Purchase Loan: 90% of $80,000 = $72,000Your Cash Investment:Down Payment: 10% of $80,000 = $8,000Rehab Costs: $25,000Closing Costs and Fees: Estimate around 3-5% of the purchase price = $2,400 - $4,000Holding Costs: Property taxes, insurance, utilities, and interest during rehab (estimate $1,000 - $3,000)Contingency Fund: 10-15% of rehab costs = $2,500 - $3,750Higher Equity (Using a Lender for Less than 90% Purchase):If you decide to put more equity into the deal by using less leverage, you will need more cash upfront, but your loan amount and, subsequently, your interest payments will be lower.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2202172/small_1709361613-avatar-davidb1765.jpg?twic=v1/output=image&v=2)
21 November 2024 | 2 replies
(We used our cash on this one and are using a dscr loan on the next one.)Deal number 2 has already been purchased, and we are eyeing deal number 3 right now.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2582426/small_1715639872-avatar-jamiebanks.jpg?twic=v1/output=image&v=2)
25 November 2024 | 36 replies
Read this article from the FDIC to understand the risks of using a non-bank company.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2920140/small_1705296118-avatar-kevins1319.jpg?twic=v1/output=image&v=2)
21 November 2024 | 4 replies
It can make sense to buy real estate within your IRA using a Checkbook IRA.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3138263/small_1732210643-avatar-jacobg428.jpg?twic=v1/output=image&v=2)
21 November 2024 | 0 replies
Purchase price: $219,000 Cash invested: $63,275 Buy and hold single family residence using a 203K loan What made you interested in investing in this type of deal?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2902544/small_1704934754-avatar-kashyaps2.jpg?twic=v1/output=image&v=2)
20 November 2024 | 2 replies
What are the pros and cons of using a Land Trust versus an LLC for investment properties?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1272507/small_1695161641-avatar-ericc320.jpg?twic=v1/output=image&v=2)
26 November 2024 | 21 replies
You can sync all of these using a property management software for maximum occupancy and systems within your business.