GoodMorning,Can anyone tell me what a hard money lenders looks for in their qualification process and how does it differ from a standard/personal loan. Also do I need to have a potential property lined up to borrow fo...
Hello everyone, Over the past many months I have gained knowledge about BRRRR through the bigger pockets podcasts, BRRRR by David Greene, and other books by Brandon. Even though I have the knowledge, I do not have any...
Hi i found an investment home that the purchase price will be too low for the bank (which wants to lend at least 65K) any suggestion how one gets around purchasing homes for less then 60k?
Hi allA year or so ago we needed our roof replace and so we went through Renew Finanical. We didn’t know at the time that this loan was actually a lien that would prevent us from being able to refinance our mortgage.M...
I'm looking for a way to fund only the rehab portion of a deal. I have the cash to purchase a property outright with the intention to BRRRR. So far, it seems like my options are a personal loan, personal line of credi...
Hello all,Has anyone ever stacked a Hard money loan 80% LTV and a Personal loan 20% LTV and then refinanced the personal loan into a PLOC at a lower rate to avoid PLOC guidelines that state funds can not be used for i...
Hi! My wife and I are new to real estate investing. Since we are planning to purchase and move into a new home for our primary residence, we are trying to figure out if our current home will cashflow well. Our situa...
I need advice. I may have shot myself in the foot. I recently took out a personal loan of 100K (unsecured) to fund my real estate investments. Well, I now have down payment, closing and gap funds. You would think...
Hi,I am interested in buying a two flat in my area for rehab, and then I will live in one unit and rent out the other. I understand now that such a low priced property isn't profitable for a traditional bank or mortg...
BP!I'm currently working on a seller finance deal in Angleton, TX. I was able to get the owners to agree to my terms, which is so exciting! Now I'm at the point where I'm looking to for rehab funds. The plan is to us...