I have a friend that has a successful non-real estate business in an LLC. He's interested in passively investing in the real estate work that I'm doing, but would like to do so from his LLC.Here's are my questions:Is ...
Hello BP team,
I’m going to utilize a HELOC from my personal residence to fund investment properties. Can someone please provide advice as to where I should start my search for an institution to provide my HELOC? I...
Hello,
Has anyone gotten a 100% LTV Home Equity Line on their primary to fund deals?
What are your thoughts on this and does anyone have names of banks and or credit unions that do these types of loans?
Does Hard Money typically cost 30-40% of the purchase price?? I am considering buy a home to flip. I have done a handful of flips using cash, partnering with friends, and making it work. I am eyeing up a property I wa...
I'm curious if someone wants to get started with little money and they find a home cheap that needs alot of work. How would they fund the rehab if they are already using a hard money lender to fund the purchase? I've ...
Two days before closing, our lender ceased funding loans due to a "shelter in home" being put in place. I have contacted several lenders and may have ceased funding or have made the loan terms so onerous, they might ...
I have 2 STRs I purchased under conventional loans in my personal name. The current LTVs I estimate based on sales comps are at 59% & 66%. I'd like to refi into those loans into an LLC and use that capital to ac...
I'm really interested in using the BRRRR strategy to purchase my first property in DFW. I feel like the BRRRR method seems like one of a hand full of ways for a "small shop" to get their hands on RE in the competitive...
Hi all! I'm finally ready to make the leap and purchase my first buy-and-hold rental property. I've recently found one that I like a lot, however they want cash for it. While I have about half the cash on hand, I'd li...
Doing some research on hard money lenders. The most common I have seen are 2-4% fee, 1-9 month term, 12% interest price point.The best rates/terms I have found for Washington is:2% + $1495 fee, 4-12 month term, 9.5% ...