I owe 400k on the house, so about 300k worth of equity just sitting there.1.I can get a HELOC and use the money for BRRRR, the problem is, I can't find anyone that is giving out loans for investment properties, I have tried most banks, up to PenFed, nothing so far.2.

There are a few reasons for this: 1) They are costly and the Exchange intermediary may require a whole host of inspections including environmental reports etc and 2) One has to come up with the cash to buy the new property without getting the equity out of the first property - not everyone can do that - add in having to get a loan while still being obligated to the loan on the “sale” property.

To me it looks like the market is still stagnant with the exception of the bottom end STRs - and I mean very bottom end STRs.A lot of new building is finally getting completed as well which is also adding homes on the market.  

We obtained private money, a fix and flip loan, bought the house, completely rehabbed both sides , and then refied it.

I did find a lender who could do loans for under 80k though so can send you his info if you’re interested!

What are everybody's thoughts on using a 401k loan or withdrawal to fund the downpayment?

Hi everyone, I’m new to wholesaling and think I finally found what appears to be a good opportunity.

Jeffrey - A few suggestions: 1) The loan amount would be whatever LTV you lender can provide with the cash out loan.

Is it true that a FHA loan will require us to occupy within 60 days?

For example, I've recently encountered more potential 203K/renovation loan deals, which has led me to actively seek out HUD Consultant contacts.