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What do you all think about using a line of credit for rehab costs? I just put a house under contract the other day and requires 4-5k in repairs/updates. I was originally thinking about using my own cash, but my rea...
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Hello everyone,I have a property under contract and my private money lender just pulled out at the last minute due to their other financial endeavors. I don’t want to lose the property and the closing is in about 10 d...
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I’m looking into my first brrrr property. I’m using a heloc from my personal address to get started. Is there any down side as far as refinancing goes if I buy the home in a corporation name that I set up ? What’...
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So, I began my Real Estate life by buying a new house. I decided to keep my previous home, but it needs work. By my estimation about 7K$ worth. What's the best place to find money for this (given that the numbers w...
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I am not able to take out a loan through the bank. Was thinking about getting a rental property so i can start receiving some extra income. Do sellers ever owner finance 100% of the deal? can i mix HML lenders and d...
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How do I put my properties in my LLC after closing? I have to close them under my name so that I can get 30 year fixed rates however I want to know how to take them out of my name and put them in my LLC? How do I do t...
i have a fico score between 650 - 700 and roughly 5k to invest. I tried to build my credit through securing a personal loan but was denied because i have little to no credit history. I am ready to step out of my analy...
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I’m looking at some options for financing another property, this time a commercial 5-6 unit apartment/house. Currently I have my primary residence and a 4plex that's all rented out in Omaha. Parents paid cash at closi...
Hello,
First time poster - seeking advice.
Current situation:
- Primary home on sale but not yet sold (could be a few months)
- Found dream home in hot market. Had to tender cash offer. Only way to secure cash wa...
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Anybody have success with a specific lender for 75 LTV cash out refis - particular on 2-4 unit small multifamily (pure rental, non owner occ). I've always had a lot of success with FirstBank, but they've recently gone...