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Hi,
I will be buying and renovating a property without a loan and would like to pull out the money after the rehab is done and the property is rented.
I spoke with a few lenders and the problems I'm facing are:1. Se...
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A friend would like to buy the townhome she has lived in for 10 years because the owners want to sell it immediately. Due to a divorce, she filed chapter 7 bankruptcy with a discharge date on March 14, 2017. Her credi...
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Does anyone have any experience getting a second position line of credit or cash out (line of credit is preferred) on a commercial loan, or more specifically a package of single family homes? My situation is that I ha...
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Hello BP team!I've been exploring the idea of hard money loans and I believe they are right for some situations and some they may not.One particular situation that I've come across - that I am in as well right now - i...
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Other than the interest rate and pay back terms, do you recommend using a Heloc from a previous rental or a conventional loan for buying your next investment property
Hello BP community! I've learned so much from this site and appreciate all the camaraderie among members to help and support one another on this real estate investing journey. So here's my situation: I bought my first...
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Do hard money lenders loan on just the wholesale purchase price, or do they loan on the amount needed for rehab as well?
Thank you
I am rehabbing a home who's owner is related to my wife. Me and my wife are going to rehab the home and when sold the home owners will get 80,000 (to pay off their mortgage) and we will receive the rest of the profit....
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My current strategy is to use my line of credit to buy and fix up properties. I then rent and cash out refinance and repeat. I understand I will be hitting a limit for traditional mortgages. Can anyone suggest private...
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I'm looking at a portfolio deal with 3 properties (10 units total). The seller isn't interested in owner financing so I'm looking to get a loan but I'm stump on where I should start looking. I heard about SBA 7a and F...