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Hey BP!
I’m looking into sources to fund my BRRRR deals and the agent I’m working with referred me to a mortgage broker. You read a lot about how BRRRR deals can’t be funded by banks for the condition they are in, a...
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Hello, everyone,
I'm new here.
I have four properties in Alabama and Mississippi that are currently undergoing remodeling. While I have more deal opportunities available, I'm short on funds. What would you recommend...
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Question: If you can use HELOC funds to buy rentals for your business, can you buy a mortgage note the same way?What I have heard in the networking scene: Investors are using HELOCs from their personal residence to ha...
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This topic has been discussed ad nauseam on the BP forums. But would like to hear experiences between Credit Unions and Community Banks on growing my real estate portfolio.I have a local credit union willing to give a...
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Hi, we are newbies and hope to get pre-approved soon for our first STR deal. Trying to wrap our heads around the best way to approach financing. Should we pull cash from our current stock/mutual funds (based on cur...
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Hey BP community,
For those into property flipping, there are transactional funding programs available that provide the necessary capital to buy and sell properties quickly. This can be a game-changer for short-term ...
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Hi All,I am looking for second property (house hack) and wanted advice on financing options. I have ~$160k in equity for my out of state property with a great interest rate of (2.8%). I have ~$20k in cash to dedicat...
Rehab borrowers,
As a rehab lender I'd like to determine how best to structure short term loans, so if you can help me by answering a few questions I'd appreciate it:
1) Do you prefer monthly payments,...
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This maybe a silly question but I feel you got to put yourself out there and not be afraid to ask questions and admit your limitations. I'm new to real estate(just started renting out my rental property last fall). I ...