Brian Ristola
Financing after cash buy
Forgive me if this has been covered elsewhere. Hoping to get info on what to expect in the following situation.
I would like to purchase a rental property (less than 4 units) with cash, fix up and get a mortgage on...
Jordan Richardson
Cash or seller financing
I recently came across a deal that turned out to be owned by a wholesaler. The two options he gave me for financing were $29k cash or seller financing. The specifics on seller financing have yet to be determined. O...
Edward Hayes
Cash out rental financing
I own a property in NC with an estimated value of 55k. I'm trying to find a lender that will allow me to take out a mortgage or loan against that property for 30k so I can invest in another property. My credit union...
Anna Catron
FINANCING A CASH PURCHASE
This has been asked before, but I can't find it anywhere. We bought a duplex for $100k. Rehabbed it ($40k), it's worth $200k. QUESTION: DO WE wait until tenants are in place to finance it?QUESTION: Will most lenders...
Shayla Ryder
Cash vs financing DTI
I am a newbie and trying to learn all the ins, outs and lingo! I hear a lot about it being better to spread $100,000 over apx 5 investment properties vs putting it all into one. My question, and this may sound silly, ...
Jordan Mobley
Financing and Cash Offers
I am a new investor. Im looking at a condo in Columbia SC. A guy there is selling 9 different units priced from $30k to $50k. After running the numbers on some of these units some I feel like are a good buy while othe...
Tanner Johnson
Use cash or financing
Hello, I am 18 and getting into the world of investment real estate. My grandfather is a large rental real estate investor, he and his crew built many apartment complexes when he was young and still owns them today, I...
Casey Creighton
Finance or pay cash?
I have been able to build up a few hundred K and already have 1 financed rental property in my home town. I currently live in California, I would like to find out of state rental properties that meet the 1% rule. Sinc...
Karsen Wynn
Financing & Cash Flows
Hey guys I am currently a full time student at Auburn University who has a strong interest in REI (have been studying REI for over a year now) I need full financing in order to buy my first rental property. I have alr...
Patrick Kane
Financing After Cash Purchase
I know everyone talks about lenders wanting seasoned MFH that is rented for 6-12 months before refinancing; however, are there rules of thumb for cash out financing/home equity loan on a cash purchase SFH? Looking at ...