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)
...
Has anyone ever purchased a property via a hard money loan and then refinanced directly after into a standard 30 year mortgage?I know I heard something like a person cannot refinance until 4 months after a purchase bu...
Hey Everyone - I hope all is well. My partner and I recently completed some light rehab on a duplex that we are holding in Philadelphia. For the first deal we did a FHA but came out of pocket for all rehab. We found t...
Hi, I was wondering what change, modification or addition would bring the most value to a rehabbed/flipped house?Thanks
Good morning All,My mom owns a 4-plex in the Bay Area. She is currently living in one of the units. Zestimate according to Zillow is over $1.2 million. It's a 11 bedroom and 7 bathroom. Current mortgage amount is $290...
Hey BP!I am interested in lending IRA funds for real estate projects to interested investors. If you have taken private money or hard money loans before, I am happy to hear about your experiences and any feedback you ...
Hi BP Readers -We are about to go under contract on 7 properties in Kansas, about 20 units. Mostly college rentals, and we're getting them at a significant discount to market (even considering some deferred maintenanc...
Hey guys, I've been reading a lot of the bigger pockets books and others on real estate investing, they talk a lot about FHA loans etc. I don't believe we have anything like this in Canada, just lower DP for first tim...
Cash out question
My plan was to buy property using my heloc, whole lot cheaper than Hard money or private. Fix it and Then do cash out refi and pay my heloc back in 3-4 months.
I was about to get qualified with cr...
I know watching HGTV is not real life, I get it. But a potential buyer qualified for a $550K home but they selected a home that was $499K. Then the buyer said "oh great now we can use the other 50k to make upgrades ...