Kevin Dee
BRRRR Method and proving cash accounts to seller
Hello! Quick question from a first timer in BRRRRr. It is fair to say that I'll be making an all cash offer if I'm going to utilizing my HELOC funds? The seller's broker needs proof of bank accounts. Let's say I have ...
Manuel Moreno Jr
Just Opened My First Business Bank Account, what should I do next?
My goal is to get more lines of credit to one day use for my property expenses and let my cash flow pay of the debt. Eventually potentially use to invest in more real estate. Any other recommendations would be great. ...
Armen Zakarian
Investment Funding
I am putting this question in this forum as it seems to have the most activity. Additionally there are a lot of individuals who are interested in investing but are tight on funds. This has crossed my mind as well......
Justin Lavoie
Cash-out refi/HELOC - what's the difference?
I have owned my primary residence for three years. Cash-out refi vs. HELOC. Advantages/disadvantages between the two? Anyone care to share their experiences and limitless possibilities when using either of the above?
Olu Efunwoye
HELOC or Refinance on investment property
Trying to decide best strategy here: have a single family investment property currently valued at 110k with a loan bal 54k.
I understand the cost associated with refi (appraisal, closing cost, points etc) vs heloc (...
Peyton LaBarbera
Question about proof of funds letter
How do I get my proof of funds letter from my cash buyer and what do I do if the agent or seller wants proof of funds before they sign the contract and before I can find a cash buyer
Christian Leon
Advice On Funding a Down Payment
Hello BP Community,I am looking to buy my first multifamily property in Jacksonville, FL. I have a two properties I want to offer on in the $350K mark, but l need to come up with 15%-20% down payment. My original pla...
Leonard Qendro
Need help deciding how to proceed w/ getting my next deal funded
Hi everyone,I'm currently a new investor in St. Petersburg, FL. I bought a house last year for $287k that now appraises for over $400k. My current mortgage including taxes and insurance is $1429 a month. I house-hack ...
Joseph Tipa
How to buy houses cash
Hello Everyone I have done a couple flips here in FL and I have done them all I guess the "traditional way" finding them on the MLS and using conventional loans from banks. It has been profitable for me but I don't se...
Ron Hollingsworth
Hard Money Draw Question
So I've done a few flips using hard money and I'm running into the issue of them sending out their inspector to verify work, however between the time that I sent the lender the SOW (while in escrow) and the time we ac...