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Results (10,000+)
Jim Watkins Needing Hard Money Loan for Owner Occupied House w 100% equity
17 October 2018 | 7 replies
Again, I have 100% equity in the house.I was asked why I don't get a home equity loan and the reasons are 1) My credit probably shows me to be a "ghost" since I have not had any sort of credit in the last 7-8 years and 2) I have worked for myself for the last decade and my income is usually in cash so, it would be impossible to prove any consistent income.I never would have thought that getting a short term loan under my circumstances could be difficult to put together.
Kenya Richardson New Wholesaler Introduction
1 December 2018 | 6 replies
I do have a current single family short-sale in the works. 
Andrew Flora Need Financing Advice
13 October 2018 | 3 replies
I have 40% down payment and amazing credit score and credit history.The issue is that I am self employed and I dont show any income on paper, so the bank won't consider loaning me money due to "low income" This is an amazing opportunity and I have it under contract but I'm about 100k short, how do I get that financing to get to the closing table?
Syndee N. How to find a realtor that specializes in distressed properties
13 October 2018 | 3 replies
Look on zillow for agents and search for agents that "say" they do short sales, foreclosures, etc.
Joseph M. Cash Out Refinance on Primary Home
13 October 2018 | 2 replies
. $630,000 - 660,000Loan Balance: $470,000Rate: 4.75% on a 30 Year FixedGoal: I am looking to remove MI and take out some cash to pay off the short-term debts used to repair the property.It is my understanding that I have to wait 6 months to be able to do a cash out refi based on the ARV.
Noah Wright Allow me to introduce myself,
15 October 2018 | 5 replies
My short-term goal is to be closing on my third property before I close on my business/finance degree. 
Theodore Arzt Old criminal record
28 June 2022 | 13 replies
And it may be a coincidence but shortly after that my Facebook ad got flagged.
Brian Dudash What's the best way to snow ball your REI portfolio? (Rental REI)
22 October 2018 | 14 replies
I've had a few discussions about the best way to create a plan in order to "snow ball" your way to owning many REI properties (buy and hold for rent).After Googling around and even reading blogs on this site, I've thought about doing something like the following:Buy my first rental property (SFH) with cash (around $60-70k) where I'd expect about $500 cashflow per monthCurrently I have about $105-110k available (after taking out an emergency fund)Then shortly after, buy my second rental property (SFH) but take out a mortgage and put down around 25% on a $60-70k houseThe cash flow on this property specifically would likely break even (at or near 0) but this would be on a 15 year mortgage and I can use some (or most) of the cash flow from the first to help pay down that mortgage faster, along with my corporate job monthly savings tooI feel I could pay it off anywhere from 5 - 10 years depending on the exact strategy If/When I get the 2nd one, then shortly after that, try and get a 3rd SFH rental property and continue this snow ball effect to build up by rental portfolioObviously this is easier said than done, along with risks and I honestly do not have any real experience with rental properties as this is my first time diving into this type of investing.My main questions would be -- Has anyone done a similar strategy to help build their portfolio quicker?
Jason Hunt What to do: Negative cash flow rental
14 October 2018 | 9 replies
We'd like to be able to pay off that debt and my wife's school in the short term.
Jim Froehlich LLC Transfers Mortgages and Multi State Planning
14 October 2018 | 9 replies
Both my accountant and attorney recommend separate LLCs for each, especially if I decide to use the single-family as a short-term rental.4.