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8 October 2018 | 18 replies
With this strategy, you may be able to cash out your original down payment funds to recycle into the next project.
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1 October 2018 | 4 replies
As well, I have a small new construction condo project and having a really hard time finding funds for it.I did few flips using my own credit and conventional mortgage to finance it but there's certain limitations to these approach as well as rehab cost is not lender's concern.
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3 May 2020 | 12 replies
From what I'm hearing from local note investors, many of them focus on NPN acquired directly from hedge funds given the steady increase in foreclosures.
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9 October 2018 | 11 replies
@Jonathan Rosado I like the flexibility of the HELOC for short term funding- I take out the max amount once and use however much I need at the time I need it, VS refinancing my whole home (at a higher rate than I purchased it at too) and having that money sit around unused if I don't have a plan for it.
3 October 2018 | 2 replies
Owner occupiedIn search of a loan that will allow the purchase of a FORCLOSED home in need of repair, repairs to be funded and done by myself and specialty craftsman that I have connections with, without 20% down.
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1 October 2018 | 0 replies
I’m doing my first wholesale deal and having a hard time finding a title company that’ll use the end buyer funds to fund the complete transaction.
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23 October 2018 | 7 replies
If you're already willing to be 300 miles from a rental, I would sell that sucker and use the funds to purchase a wholeeeeee lot of higher cash flow out of state stuff with financing.
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2 October 2018 | 8 replies
@Lindsey Orr welcome to BP it's a great resource to investors like yourself. you are able to download both contracts here on BP by going into your tools tab then going to file place there you may search for the contract you desire.
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2 October 2018 | 10 replies
The properties themselves are producing nothing it is your equity that is buying the income at a very high cost.None of your properties appear to be cash flow positive (based on the value of your equity) so I would sell them all and reinvest in better properties or put the money into a income fund.
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2 October 2018 | 9 replies
i see two options here 1) you can go back to dad and break it down as hey i cant close on the house until it's vacant and see if he can help in getting them out, 2) offer some moving expense if the lot is really that desirable to you I know not what you want to hear as the investor but it has worked on numerous occasions, 3) you will have to take it to the courts as final resolution so the sheriff can remove them.