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I need funding for deals and don't want to go the route of hard money because from everything I've been told you get hit with fees and high interest rates. I'd like to have a number of private lenders that I can alwa...
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My wife and I currently have three Ally savings accounts:
1). Emergency fund (4 months or so)
2). Investment savings (automatic contributions each pay period and dedicated to investments outside of our Roth/401k’s)
2...
Hi All,
I am looking for some advice regarding best ways to acquire short term (approximately 24 months) capital for real estate development projects I have an opportunity to be a part of.
Long story short, I am a ...
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What’s the difference?
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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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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...