Hello all!I just purchased my first fourplex and I've learned a TON! We've set up an awesome little pipeline where we already want to go get a second!THE ONLY PROBLEM...My partner and I just don't have the capital to ...
Is anyone familiar with the company: FUNDING FOR FLIPPING?They offer a line of credit to purchase homes at 1% interest with a high 1x down payment between 6-9k which is taken out of the loan disbursement.Hoping to get...
We currently have some equity in our home and want to pull it out to start investing in other real estate. We have looked at the options of a HELOC or just refinancing. Each one with different pros and cons. I have he...
I found a house listed on the MLS I would like to submit a contract on for a wholesale deal. If the contract is accepted how do I put down an earnest money deposit without using my own funds? Also, are the TREC con...
Hi everyone. I have a certain coworker who is an investor in real estate. He mentioned that he is looking for around 5000 because banks do not loan out so little. Is anyone aware of this? I ask because he is offering ...
Hello Bp. I switched from duplexes to single family for the better selection, and better area for my first property. I was hoping someone can take a glance at my numbers. @Arpan Patel @Jeff Filali @Ranga Ramanathan 3 ...
I’m about to get in contract ($1.351M) on a duplex in Oakland. It needs additional ~200K in reno to unlock $5200 income. I would live in a unit as primary residence.
Talking to lenders about Hard Money to get title. ...
Hey everyone, I was talking to a local investor and he suggested I open multiple LOC's before building my investment portfolio so I have access to money for renovations with properties in the future. He suggested doin...
I'm a newbie to the business with no money. I'm searching for financing that will cover the full purchase of my 1st rental property. Can anyone share their take on using a LOC as financing for a buy and hold purpose?