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Results (10000)
Account Closed Private Money and Proof of Funds
21 February 2015 | 11 replies

Dear BiggerPockets community,Presently I've been financing flips/rehabs through a secured line of credit.The current lending agreement allows me to borrow up to around $325,000 and my bank will allow me to use this mo...

Toni K. I bought my first investment!
17 July 2015 | 18 replies

Hi All- I have been reading and learning and studying my market and following the advice in the "Ultimate Beginner's Guide." I purchased my first investment yesterday at a foreclosure auction! (a 2/2 condo that I plan...

Account Closed I found a deal and the seller accepted, now what?
9 September 2015 | 5 replies

You then provide the purchase agreement contract, correct? I am in Oklahoma and was wondering if anyone can pass along a commonly used contract that covers all the bases when purchasing a property to wholesale.I have ...

Denny Ramirez Can you use conventional financing, then later 1st time FHA 3.5%?
21 October 2020 | 3 replies

Hello All !Question, can you purchase your 1st investment using a conventional loan, and still have the option to purchase your 1st primary residence using the first time home buyer 3.5% down program?Scenario: A coupl...

Lindsay Conway Whats the best way to use my cash and lines of credit & mortgage?
5 July 2016 | 2 replies

So wondering what the best way is to use my cash and lines of credit and Mortgage? Currently, I have 4 properties. I started out using my cash and I'm questioning if that was the right decision. So i bought a duplex a...

Esther Thomas Need some advice: property line is not what it seems
13 October 2017 | 12 replies

Hi Everyone,  I recently found out my property line was not the actual fence line.  A new neighbor moved in next door and got their property surveyed for future landscape work. Come to find out almost along one entire...

Dan O'Neill Bank Frustrations: Loan Mod; Prepayment Penalty; Refusal of ELOC
9 November 2020 | 3 replies

Good Morning Everyone. I'm more than a bit frustrated with my current lender. Five years ago, I purchased a 16 Unit apartment complex for 472k put about 150k into it. Raised the rents from $500 to $800. Reduced va...

Greg Houts Private loan to fund future commercial land purchase
12 August 2021 | 3 replies

I've heard "cash is king". I'd argue that "cash flow" is even more important for any business owner or active investor. I'm currently in a position where we have three rehabs underway, with renters expected in all thr...

Jerry Hodges New LLC line of credit
22 October 2020 | 12 replies

I have a property that I’ve recently acquired. All of the 11 windows seem to be the original install from 1943 with the counter weights in the walls and everything. After the window replacement, some cosmetic work, le...

Hannah Mitchell Now What?? Refinance? Sell? Cash out? HELOC?
14 November 2021 | 1 reply

I own two single family homes via conventional financing. One is cash flowing $560/mo. The second home I live in, but renovated the basement to be a rental which cash flows $300/mo. My renovations actually added appro...