12 January 2025 | 10 replies
From what I've learned it seems that a HELOC is probably the easiest way to gain funding but at the same time it comes with risks if the flip isn't successful.
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20 January 2025 | 9 replies
Disclosure: Previous, current and future purchaser of Matt Scott's services.I have personally used Matt Scott and Incite Venture Capital to create my fixed income fund.
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11 January 2025 | 5 replies
Lender wanted homeowner to sign something to recieve the funds.
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15 January 2025 | 10 replies
I'm also a licensed mortgage broker with a lot of fix-and-flip programs, including some that require as little as 10% down on the purchase price, and provide 100% of the rehab funding.
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3 January 2025 | 45 replies
For example, my average terms are 90%-100% LTV and 10% interest flat no points or pre-payment penalty.
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10 January 2025 | 8 replies
You can reach out to the Title company and see if there are any funds remaining for dispersement, if so then ask if there is a way to make a claim to those funds.
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5 January 2025 | 17 replies
I imagine refinancing option 2 would be more difficult due to the higher LTV.
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17 January 2025 | 7 replies
Alternatively, if the bank ( assuming there is a bank) is fine with it, you could negotiate a credit and escrow the funds to be released after you do it yourself.
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20 January 2025 | 12 replies
We have actually been accepted to the Remote Shoals program to receive funds to relocate to The Shoals area.
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24 January 2025 | 9 replies
I turn the tables on the wholesaler calls.. if i can get past the telemarketer and get to the owner I then explain to the owner how I can fund deals for them..