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Hey BP!! We have a property we have rehabbed and are considering renting and pulling out equity to pay back our private loan and fund a new deal. We talked to a credit union about obtaining a line of credit on the p...
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Are there any banks that fund fix and flip properties?
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I'm under contract on a commercial deal. The purchase price is $5,300,000. It's pulling in over $1,000,000 a year in gross revenue. Numbers all look good for a conventional loan. The problem for me is the down payment...
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Seeking a bank that offers a prImary resIdence HELOC (All In One). We use PLOCs for our rentals and they work very well. We don’t want a fully amortized loan but a simple interest HELOC. Any bank leads are welcome. W...
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As I see it, there are basically 3 business flip models:
- Virtual Wholesaling/flipping contracts/contract assingment - no cash needed
- Short Sale/REOs - using a double escrow and transactional funding
- Bulk REOs ...
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How do you gain more confidence as an LP? By reviewing sponsor after sponsor, and deal after deal to uncover what sets apart the good from the bad.
We want to help you get more of these reps, and we're excited to ki...
Two projects coming up...at right....or wrong time. Best place to look for funding to get a small 10-12 town house project funded (<500K) then late summer a 120 house project (approx 1.5-2M) (In opportunity zone n...
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This is a two part question, first what is the difference between a regular LOC and a business LOC? Second, could you get a line of credit on a rental or can you only get LOC if you live in the house?
Thanks
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hi all ,Can anyone recommend where we can go to for reusable lines of credit? Also where can we go or can anyone recommend a hard money lender in New Jersey
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What is your approach to raising funds for SFR development or rehab projects in today's environment? Is anyone having luck getting construction money or lines for this sort of thing? Are you going after SDIRA money?...