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Hey guys, so a few weeks ago I closed on a 90 LTV HELOC for a duplex I househack. I was obviously was able to get this high of LTV because I was owner occupying the property. The HELOC is for $57k, but I had to use $3...
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I've had difficulty finding funding for this deal because my net worth isn't 2X the bank loan amount. I've found the always talked about but nearly impossible deal of nearly 0 money down in multifamily. I have 100K I'...
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Good morning! I’m trying to close on a DSCR property for STR in Destin, Fl. My down payment has gone from 20-30% and appraisal focused on cash flow income to appraisal on long term rent.
I would appreciate any help ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $79,000
Another INF CoC return BRRR complete!
Purchased price: 79,000
Rehab Cost: 91,000
Appraised va...
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Hi all. Trying to put my financing ready. I have a primary home that has a lot of equity. Planning to use HELOC to buy cash for a property. What are some of the exit strategies to transition to long term loan? Appreci...
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Hey everyone! Currently located in Mobile AL. I have 2 homes that I’ve rehabbed that I’d like to pull equity/initial investment out of and would prefer to go the DSCR route and shooting for 80% LTV and preferably no s...
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I'm new to the forum (thanks to all that are so active and open!), and am just starting my own home building business, I am also looking to build a portfolio over time (no hurry) starting in 2016. My goals include me ...
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Does anyone know anybody who funds mobile homes and/or abandoned parks with infrastructure already in place?
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Hi everyone. Here is my scenario. I purchased a SFH and have a total of $120k into the property using some personal funds and and hard money. The property appraised for $180k. I would like to refinance and pull 35-4...
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Hey everyone I got a promotional email from this company regarding commercial funding. This does not seem legitimate. Below is what was said in their email to me. Can anyone comment on this lender as well as their com...