Judson Heartsill
Flipping biz funding model
Hi folks,We are starting up a rehab resale operation in Houston. Our first deal will be done with hard money. We are bringing some skin into the game as for this flip we did not meet a 70% Ltv. It's becoming apparent ...
David Gwilt
HELOC on Home & Retirement Funds
I recently had a client indicate that he has a HELOC available to him based on the equity in his property and the value of his retirement funds. Does anyone know of banks that will do this with a high LTV (around 90%...
NA Burkart
“Seasoning” requirement in Wisconsin
Hey BP’ers! Does anyone know the “Seasoning” requirements in Wisconsin? Looking at, possibly paying cash for a house, and then getting a mortgage on the property. I figured I would ask on here since the ban...
Dan S.
Cash out Refi Investment Property Little Seasoning LLC
I purchased my first Triplex 3 months ago in cash, rehabbed and have all units rented currently. I bank with a small local bank and they offered me 60% LTV for a cash out investment with no seasoning requirements u...
Daniel Toshner
Refinance questions
I have properties that I have owned for less than year that have appreciation on them. I'm at a 25% LTV on these properties that are all currently rented. I just had second round of appraisals done on properties and...
Tyler L.
90-100% LTV for flips in Massachusetts?
My partner and I are looking at foreclosures in New England in the $250k-$350k range to rehab and flip. We’ve looked at hundreds of listings to familiarize ourselves and have found about half a dozen gems (light rehab...
Raj Kissoon
Hard Money Calculation
Hi Everyone,New to investing, but have been studying and speaking with lenders. I am trying to fully grasp the HML calculation. Assuming I am approved for 65% of the ARV. In speaking with an HML this is basically w...
Tony Marcelle
How much equity is recommended?
When buying high equity homes, what minimum to maximum amount of equity is suggested? That can be either percent or dollar amount.
Jonathan Carter
Private Money (mortgage) Lending
So I have been approached by an investor with an opportunity to provide a private mortgage on a fix and flip. I've never done any PML but I do want to start. I'm trying to educate myself as quickly as possible. Her...
Leslie B.
Newbie - Urban Transportation Planner - Bay Area & Stockton, CA
Hello! I am interested in owning rental properties in the Bay Area and Stockton areas of California. I live in San Francisco and have a goal of owning my own home (SFH or multifamily) in San Francisco, Oakland, or nea...