Im using a HELOC to rehab one side, and do not want to spend my capital rehabbing the other unit, which will cost 60-70k. What type of business line of credit or SBA loan would work best?
Hello, If anyone knows of companies that loans and maximizes monies based on liquidity: i.e., loan of $60 K based on $20 K liquidity, please advise.
Does anyone have suggestions on a reputable lender that will make loans for less than $50K on a non- owner occupied home in a less desirable neighborhood?
Hello to everyone reading ….I am going to open a Heloc and my bank is offering a 2.99% for the first 18months,no up front costs,no annual fees, as long as it is open for 36 month . After the first 18months it will go ...
Hello everyone I am wondering if anyone knows a lender that would refinance without the 6 month seasoning period?I will put some numbers to it to make it clearer. ARV$ 130,000.00Purchase Price$ 83,000.00Rehab$ 5,000.0...
I am partnering on a duplex less than 200k. I already have 10 units/doors and the bank has capped me from borrowing. My partner is planning on conventional loan but having trouble qualifying because he doesn't have ...
Hi I am an agent. I have a buyer wants to buy a piece of land only 120k (and we want to negotiate down to 105000). He can only put down 20%. He wants to borrow around 100k....Asked around, seems no program fits him. ...
We are getting into a sandwich lease option. We need to paint and do some small rehab work.Oue tenant buyer is willing to pay 3% down ($8000.00) when the property is readyThe estimates from the contractors are for $65...
You hear about people who get started in RE/business without money of their own, a bank, etc. Has anyone here gotten their start without these traditional ways? If so, please share your experiences! I'd be interested ...
Does Schwab or any similar bank allow you to put up an IRA or brokerage account as collateral for a re loan? How would that work?