As responsible Real Estate Investors,  we want to educate them on their options:  Mortgage relief programs, loan modifications, forbearance, short sale, etc. 

You should look into finding a down payment assistance loan on your primary house.

I have a VA loan option from when I was in the military I have not used and have the down payment I’d need for our next residence so I don’t necessarily need to sell in order to buy my next house.

Has anyone used a business line of credit to put money down on a hard money loan to buy a flip?

Our team at Host Financial is happy to help answer DSCR related loan questions. 

I believe I have two options.Property Info:Purchase Price: $365,000Current Loan: $329,000Interest Rate: 5.7%Mortgage:$1900PMI:$130Insurance:$157Taxes: $320Current Rent Left: $1200 (Market $1400)Current Rent Right: Owner Occupy (Market$1800)1.

I typically use private/hard money lenders and what is happening is that the top 3-4 that I use will only be able to do 2-3 loans and then may run out of capital.

We have a plan to push them through financing with a good lender that deals with this type of loan. 

I wonder if these are like pay day loans super high interest.. does anyone know what the interest rate is.. that could be the play.. be the lender on these deals :)

We used a fix and flip loan. 1.3m purchase at 90%, 100% of reno (50k, which we didn't even use).