My broker is telling me that if I get a loan from my grandfather for a down payment, that it has to be secured against real collateral! I saw somebody on here saying that you wouldn't want to do that. What is the truth?
I have the opportunity to buy an off market double wide manufactured home for half of market value, but because it was built prior to 1976 I can’t get anyone to lend on it. Seller is hesitant to do seller financing as...
What is the best way to finance a house hack rehab? Estimated ~$60K in rehab costs to turn it to class A.
My goal is to move from 20 to 100 SFH, buy and hold, cash flow properties in Chicago. The portfolio will consist primarily of SFHs because I prefer the neighborhoods, tenants and stability of such in comparison to mu...
We are in the process of flipping our primary home and have found costly repairs that are needed, and we simply cannot come up with the needed funds to pull us through when we list in September. We fully own the prope...
Hi Bigger Pockets!I am in escrow on a 2 bed 1 bath in Covina, CA scheduled to close 4/10/17. It has blue prints for adding on a master bedroom, bathroom, and a laundry room. My strategy was to utilize a FHA 203K loa...
Hello,Does anyone know of a specific bank or financial institution that offers quick and flexible refinancing options? I am just starting an investment company with some partners in which we plan to use the BRRRR Mode...
Good afternoon and happy President's Day! I am a new investor and I've gotten myself stuck in the mud, so I am looking for advice from some of you wonderful folks. Context of my story/situation (please forgive the l...
Hey everyone,
Is there a way for me to get access to a credit line or a personal loan for let's say 10-50k? I would to use the money to invest in these shoes that are coming out soon. They will cost 800-1k on the aft...
Investment Info:
Large multi-family (5+ units) other investment.
Purchase price: $65,000
Cash invested: $45,000
Developing 12 units on 1 acre parcel
What made you interested in investing in thi...