We received this deal via a connection through a realtor that linked us with the wholesaler where then we where able to negotiate from 42,00 too 35,000 plus the 1,000 for escrow and CC's all in at 36,000 How did you finance this deal?

We are embarking on a construction project to build a 6 units onto a piece of land(30 yr fixed loan).  We have a few options to fund this, I was wondering what would be the best option and why?

1. Get a constructio...

You can still tap into equity of your principle residence needed through a second mortgage or in some cases financing strictly based on the investment property itself. 

You'll find a wealth of knowledge here from investors and professionals and when it comes to financing for investment properties, I'd be happy to provide some insights once I understand your intended approach.

Unfortunately, conventional financing (Fannie/Freddie) does not allow gift funds to be used when purchasing investment properties, even if the funds are from your spouse.  

Come to the table with a plan, and finances worked out to get the best service and agent.

Interest rates on the DSCR cash out arent that far off from conventional financing right now, but the HELOAN rates will be a good bit higher.

Essentially almost every market in Pittsburgh is a C-market on that scale.Cashflow is a good way to go, but it depends on the financing options the investor has coming in and if you know how to calculate the true numbers prior to jumping into a deal.

@Sean Haley - There are volumes of books and other information out there about seller financing. 

Hi Everyone, I was under contract for a property but I didn't qualify for financing because the lender that provided the preapproval changed its financing source while I was looking for properties for a couple of weeks and as of now, they do not provide loans for foreign nationals anymore.