Jack Hurdle
Where to get down payment?
So I get that you use some sort of loan to buy a house if you dont have cash. Where do you get the 10 to 20 percent down payment from?Is that from savings? Hard money?If from a private lender, what kind of terms are g...
Gregg Fratto
Need financing for investment property rehab
I have an 2 family investment property that I owe $118k @ 5% 1 side is vacant in need of rehabilitation about $30k tops and I'm looking for funding....I don't want to do a cash out refi because the rate would be 7%-8%...
Daniel Pitta
How legally binding is a promissory note ?
I have a good friend who is a GC and investor here in the DC area. Long story short, he’s able to locate offmarket deals and uses private lenders to help fund the rehab costs, in exchange for a percentage of the profi...
Jose Diaz
Business Line of Credit
Earlier today on LinkedIn I came across a posting from a company that provides business lines of credit up to $150K in unsecured business credit, 0% interest for 6-12 months, no income verification and no credit repor...
Alejandro Hayden
Unsecured Lines Of Credit from multiple Banks a good thing?
Good morning/afternoon BP family! So I’ve gone to more than a dozen banks within the past couple weeks, figuring out what banks are the best for financing my RE needs. I found out that some of the local banks offer un...
Joseph Rivera
where can I get a loan to rehab a property
I recently acquired a property and I am looking to where I can obtain a unsecured loan to rehab the property in southern California.Would any one have any ideas?
Paolo Ruggieri
Line of credit
I listen to a speech saying you can apply and get mutiple line of credit simultaneously ... UnsecuredAnd that while it is illegal to get mutiple mortgages simultaneously on the same property, it is totally fine gettin...
Jeff Anderson
Unusual Owner-occupied scenario
I have a bit of an unusual scenario... My wife and I own our home free and clear with no mortgage (reside in Ohio). We are looking for a loan of $150K to pay off unsecured debt that has fallen into various stages of c...
Paul Murch
Need help with note situation
Need some help on what options I have with this 2nd note in California. The borrower was in CH13 bankruptcy. My note was crammed down because the house was so far underwater. Throughout the bankruptcy plan, they paid ...
William S.
How do people get LOC's for investing?
I see several posts on people who receive LOC's (not heloc) to finance their BRRRR properties. How are they finding funds for this? Is it personal or business line of credit.Can someone provide a basic example on how ...