N/A N/A
Foreclosure auctions
Hi all. First off, thanks in advance for any info you can offer.
I am located in California and just learning about foreclosures. Here's an example property I need help understanding.
Condo for sale: auction pric...
Malico Watson
How do I secure a line of credit for new construction
I am a real estate broker in Florida and in Wisconsin and I own a construction company in Wisconsin and I am interested in building new homes and selling them. I have a buddy that is in mortgage but unfortunately we a...
Andrew Low
Other People's Money
How do you truly use someone else's money and not your own in real estate investing? Very confused because everybody I have listened to has preached that you can do this, but then on Bigger Pockets everybody is saying...
Cliff T.
How quickly can I use cash out refi proceeds?
Hi all-I recently completed a cash-out refi and I'm wondering... how quickly am I allowed to use those proceeds on a downpayment for another investment property? Are there any standard rules/regulations around using t...
Kate Reese
Getting out of a hard money loan by refinancing
Hi BP community!I’d like to preface this by saying I currently have no investment properties, just a curious future investor!I’ve done a lot of research lately about Hard Money lenders. I know they can be incredibly r...
Tom L.
Credit card lines of credit
I have an opportunity to get several credit cards who's limits will exceed $50,000 combined. Does anyone have experience with this type of funding for real estate?One of my concerns is that I won't have access to the ...
Sara Robin
How can I get a mortgage loan without a current income?
Hello! I currently have $150K equity in my current home and $300K cash on hand. I am looking to sell my current home and buy a new primary residence($500K value) but dont have a monthly income. I recently cashed out o...
Sagar Gogia
Sprout Financial unsecured loan funding review
Recently, I have been trying to take out a loan for investing in fix-n-flip and I came across Sprout financial and they are offering me $70,000 with no collateral and no interest with fees of $6500. Has anyone used th...
Warren E.
Refi Loan advice needed - due to reset and unsure what to do
Hello BPSeeking advice on what to do with my LLC rental property loans, which are due to reset in the next few years. Currently all are 5 year ARM no balloon and 30 year amortization. The reset rate for next 5 year...
Daniel Gibson
Debt to Income Ratio Maxed Out!
My business has approximately 6 loans through our local small bank and they continuously talk about how they are investor friendly. However, they keep mentioning to us that our debt to income ratio is nearing their "1...