William D.
Taking out a HELOC based off the ARV.
I know there are companies that give HELOCs based off the future appraised value of the home. Does anyone know the names of these companies? Besides Renofi.Thanks
Harold Rutila
Trouble finding hard money for a low $200s ARV flip
The post title sums this up! I purchased a vacant single family home last October. It was $75,000. I spent the last year doing major utilities and security improvements with my own funding, and now am in need of about...
Josh H.
Private Money (Hard Money is for Suckers)
Good Morning BP Community,Is Hard Money really for suckers?
My wife and I have done about 30 flips over the past few years, typically with a partner of ours that has a good amount of cash which he invests, then we sp...
Hunter Perkinson
Can I get a line of credit on land?
Hello BP,I am still extremely new and have never invested, but have just been researching, educating myself, and brainstorming on the potential ways I can get started. I am leaning towards a fix and flip but am wonder...
Brian Gibbons
FHA has new guidelines today
I thought I would share this...
FHA unveils new guidelines for lending
Shared by Scot.davis on Mon Dec 16, 2013 3:55 am
The Federal Housing Administration (FHA) has come...
Neil P.
Cash out Refinance
I plan to buy a second home all cash, however, I wanted to refinance afterwards. My credit is great and I have no problem qualifying.1. I want a bank with no seasoning requirements.2. My current bank local bank sai...
John Bucknum
Equity pull out options
Hello BPers, We are in the midst of stabilizing our first real estate investment. its an 11 unit apartment complex that was severely distressed and empty when we bought it. located in western PA in a college town fo...
Slade S.
Confidence in ARV and refinance
Today I went to look at my first rental investment property. I am hoping to BRRRR. It is a cash flowing 2 unit multifamily building. The rent is $700 + $700 = $1400. I've estimated NOI to be around $11,000. Cost is $8...
Trevor S Foster
Advice on possible raw land refinance to make improvements
Hey guys,I have a few questions on refinancing raw land, hopefully, someone can lend a little advice on whats been running through my mind.We have a 7-acre parcel of raw land in Prince Georges County, Maryland. Inheri...
Scott Emsley
SFH: Franklin Kentucky Cash-Flowing Property
Investment Info:
Single-family residence buy & hold investment in Franklin.
Purchase price: $93,000
Cash invested: $25,000
Fantastic BRRRR! It's cash flowing well, but I still over-improved it. I...