Corey Patterson
My 'Plan A' for financing just fell through
My plan to use a HELOC for a down payment on a new property fell through today. I originally got my mortgage through Lending Tree, and it has since been sold to a different company, so today when I called about the...
Greg Wempe
First Lesson Learned - Have "Cash" In A Hot Market
Found what I thought was going to be a great property for my first flip. Got in it five hours after it hit MLS, walked through with my realtors (both of whom have rehab experience), ran all the numbers, and it looked...
David A Slocum
Delayed Financing question
I'm a new BRRRR investor looking for my first single-family deal and I just finished David Green's book on the BRRRR strategy. I've been listening to BP podcasts and came across two podcasts that mention delayed finan...
Stephanie Garcia
cash buy to refinance
To any lenders or investors out there. If I buy a house cash. How long do I have to own it before I can refinance or take out a loan, please advise. Thank youStephanie Garcia
Jacob Hrip
Best financing options for a first time investor?
While it appears many rookie investors tend to struggle to hit the ground running due to lack of capital / financing, I have the opposite problem. I've never purchased an investment property but want to begin my inves...
Kirill Chervets
Cash out refinancing non owner occupied duplex - Seattle
Hey BP,I have a duplex in Everett that I would like to cash out refinance on. It is currently leveraged roughly 45%, I am looking to pull cash out and leave it 75% leveraged. It has been rented for several years and i...
Lindsay C.
Hard money for flip questiion
Do you need really good credit do get a short term loan for 70% ARV from a hard money lender?
Someone told me they don't look at your credit or income they only look at the deal. Is that true??
Katherine Bremner
Funding Downpayment/Loan options using existing properties
Hi BP Friends!
I’m a new(er) investor in Wisconsin in need of some advice on how best to fund an off-market 8 unit (long-term). Purchase price 700K.
A little about me: W2 job (160K), credit score 800, ~600K in 401K....
Colonel Boothe
What type of hard money lending scams should I look out for? Are there any legit lenders out there?
Ok so I've been on here for a little bit looking to network with some potential HML's. I'm in central ma, and the rental market here is very very very profitable. But who has 25% to put down on every apartment complex...
Nghi Le
HELOC with 6-Month Seasoning Requirement & Investment Properties
It has almost been 6 months, and I want to put a HELOC on my personal residence for rehab funds. Most of the banks I've talked to won't consider the appraised value until a year afterwards, but I've heard it's possib...