
21 June 2024 | 10 replies
@Melissa Odom private money has been awesome for me and helped me grow my portfolio tremendously.We used it to do BRRRR where we bought the property with private money, rehabbed it with that money too and refinanced as soon as we could to get them their money back.Our private money lender was happy because they made their return and didn't have any worries because we were an easy borrower.

21 June 2024 | 2 replies
If we were to finance the cash house and then use it as the down for the other house we would then have a mortgage on 2.

24 June 2024 | 20 replies
As a commercial lender the rates are lower on cash flowing properties.
21 June 2024 | 10 replies
Do I include my mortgage company in that process?

20 June 2024 | 0 replies
It's important because it affects how much money we can borrow from lenders.

23 June 2024 | 2 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
21 June 2024 | 14 replies
I don't ever see anyone talking about this, is it cause no one owns their duplex for over 30 years, they don't do a 30 year mortgage, they rent a lot more then the mortgage payment???

23 June 2024 | 2 replies
I used the heloc though for renovations cause the lender doesn't care where that comes from.

22 June 2024 | 1 reply
If the lender foreclosures wouldn’t it wipe out their lien?

23 June 2024 | 7 replies
But if you plan to scale up, aren't you talking about $1mm to $2mm upfront cash to support your deals, prior to lenders?