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Has anyone had success with a HELOC for a rental property in California in 2021? I have a property in Sacramento that I'd like to get a HELOC for and was wondering if anyone had any suggestions, I tried applying for o...
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I’ve got the opportunity to use OPM to buy a house in cash, so how exactly do I purchase the house? Do the lenders purchase it under their name or do they write a check to me so that I can purchase it under my name? I...
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I was just kicking around this idea since watching a video last night.
Using lending sites such as lendingclub to finance my next deal.
Pros:
-easy application process (takes about 2min online)
...
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Hey Everyone! I'm from the northshore of Massachusetts and recently upgraded to Pro. I am a bit of a newbie. I did one flip about 5 years ago (2013) and haven't done anything since. I learned a ton from that flip and ...
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Hello all. I am new to this community and I am trying to soak up all the great information and ideas that this site provides. My question is specifically regarding saving for a down payment. I am trying to save as muc...
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I'm new to the flipping houses business. We haven't started yet, and wondering how to go about everything. We currently live in our own house that we have two additional reno loans (therefore, we have 3 total loans ...
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Hi! I've saved a solid 20% down payment with the plan of purchasing a duplex, intending to rent for additional income. Trouble is, I'm being told by local bank morgage officers that since we have never owned a propert...
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Hi,I have worked with a few lenders and have been seeing rates for a 5% owner occupant conventional loan floating around 7.1 - 7.3%. I recently got in touch with a smaller bank that is able to do a 6.5% interest rate....
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This is a short sale. The deal was approved at $133K and the ARV is around $300K. The repairs will cost around $20k (I already walked it with my construction guy). I do not have the cash to close but I found someone w...
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I think I found a good deal! There's a 41 unit apartment complex in Eden, NC (close to Greensboro) 31 of the 41 units are currently rented. The other units are being renovated. 39 of the 41 units are 1 bed/1 bath,...