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...
Peter Tryon
Hard Money
Hey everyone, not sure if this is the best place for this question...
But I have a question about hard money lending. I've been researching some lenders in my area and most say they only give LTV of 75%. My question i...
Account Closed
Question for those who have used a HELOC to invest
I am seriously considering taking a HELOC against my home and using it to start my flipping business, or possibly as a down-payment on an income property (but most likely flipping).
Would love to hear from those who ...
Cesar Contreras
Should I use the equity in my house to invest in other properties
Hello all,Cesar here. I'm new to biggerpockets and looking for some expert advice. Your insights and experience is welcomed!With that, here is a little about my situation. I recently purchased my first home which was ...
Jesse Prescott
Does a 3.6% funding fee for a VA loan ruin my cash out refi?
Hello all!So I'm currently considering doing a cash out refi on my primary residence. I have about 60k in equity. I talked to one lender, and they said they're offering 90% LTV, which would leave me with 40k. Since a ...
Kevin Parekh
Delayed Financing worth it? Or retain as cash buy?
I am at at cross roads. I have a small townhouse (2/2) that I already closed on for $70k. I have to rehab the place for $20k to make it rentable for $1200/mo. I want to know 2 things from yal experts:(1) Is this a stu...
Matthew Lockwood
HELOC Loans on investments in the KC metro
Looking for a specific bank / credit union that will provide a HELOC on an investment property in the KCMO area.Not having any luck finding anyone that will provide this product.Specifically, I have three properties, ...
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...