Greetings, I and a friend live in the NoVa area right outside of DC. We have a desire to dive in and buy a property together, yet we have enough of a downpayment for only 3 percent between the two of us. However, we h...
Hi All,I am new to real estate investing and I have a funding question that I'm hoping you might be able to help me with.I am in a partnership with two friends and together we plan on investing in a multi-family home ...
First post! I just bought a townhouse 2 bed, 2 1/2 bath. Bought for 55k. I took a 45k personal loan at 36mth at 12.12%. Renter in place at 850 a month. Pays all utilities. I can pay off the loan in 11 months. I can al...
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 All,I am looking for ideas of what other investors recommend doing while waiting to pull their cash out of a BRRRR?I have been thinking of asking for a Line of Credit or personal loan to purchase another property i...
Investment Info:
Mobile home buy & hold investment.
Purchase price: $40,000
Cash invested: $6,000
Bought a mobile home to sale 'owner finance' ended up renting it out. Loan is almost up in abou...
Has anyone had this experience?
Hey so I’m in need of advise since I’m new to investing. I possibly have a couple deals I’m partnering with ppl. I found someone who is potentially going to fund my deal for 3% interest and $500 up front cost to loan ...
Okay so I’m going to attempt to make this as short and simple as I can. Me and my business partner are getting into rental property real estate here in Texas. We have both taken out personal loans for $10,000 each for...
Hello all,I have 5 Long Term Rentals that I converted to STR this year.I took out 40k from 2 CC to furnish the property and made some repairs.This lower my credit from 740 to 600.I would like to perform a Cash out ref...