Han Jaewon
Seeking Advice on Financing Rental Property Purchase with HELOC and Traditional Loan
Hello BiggerPockets Community,
I've been looking for the investment rental properties on platforms like New Western, Zillow, and Redfin. I've noticed some appealing deals on New Western, but they require purchases to...
Alejandro Ferro
Will Seller Financing be a bigger thing now with higher rates?
As an agent I see quite often this opportunity missed being presented to clients and sellers. I am not sure why it is not more common in the residential field when there are a lot of opportunities being missed simply...
Jennifer Slaughter
Creative financing?
As we are getting into REI I assumed we would do traditional financing but as I am reading and learning, I am more interested in creative financing. Right now I am looking at an 8plex in Colorado and considering broac...
Timothy B.
Buying first rental cash, who's name to put title in?
I'm interested from both lending and especially liability. We're buying our first rental. We work as missionaries showing very low income in my name and a negligible amount in wife's name. File jointly. Should tit...
Tara Montgomery
Seeking Advice on Managing $286K Debt Secured by Two Properties
Hello BiggerPockets community,I’m currently navigating a challenging situation and would appreciate some advice from this knowledgeable community.
Property Details:
Property 1:
SF Detached 4 Bedroom 2.5 bath, Atla...
Taylor Farrington
HELOC Usage Strategies
Considering purchasing my first property potentially using a HELOC as a down payment for a traditional loan. More than likely something that does not need work, so not a BRRRR. I understand that I could use the HELOC ...
Eric Batte
Resort cabin financing
Hi,I’ve got a potential deal I’m working on that may allow me to put multiple prefab cabins on the lot for short-term rentals. Each modular will cost approximately $210k and generate $30-40k/yr in revenue. Lot would b...
David Maldonado
HELOCS for Properties with both an ADU and a JADU
Hey everyone,So I have been looking for a lender that can open a HELOC on a my primary residence single family with both an ADU and a JADU. Unfortunately, all the lenders I have called so far do not lend on multi-unit...
Joshua Zdunich
Buying a single family with cash and financing out.
Is there an allotted time that must pass after a cash purchase of property to finance out into a traditional loan? My lender is saying 6 months and I don't feel this is accurate. I dislike having that much capital ...
James Housego
Cash vs. trad. vs. owner financing offer basics
Trying to structure an offer to a seller with three options: cash, traditional financing and owner financing options. If the property is listed for 159k and could be wiggled that down to 150 with trad. financing, what...