Looking for information regarding funding a home renovation project in order to start house hacking. Here are the details:I recently purchased my first STR property. It's going well but I'm house poor and I don't want...
I'm back again with another tax question for the CPAs here. I'm under contract for a 4 plex for $320K. I don't have the 20% downpayment, so the bank is financing me a $100K commercial line of credit against a rental t...
For 2023, I’m thinking over a few ways to add more assets to my growing portfolio. Ran across the thought of obtaining an unsecured loan to help assist in my growth. The lenders mentioned the loan would be in my perso...
I have been chatting with a fellow investor about the possibilities of doing joint venture buy and holds. He proposed the idea of using LOCs to fund buy and hold deals and rehabs. I think that it is great idea. You ha...
I am looking to purchase rental properties at foreclosure auctions. I have no problem obtaining conventional financing, but cannot close fast enough to utilize that as a funding source. I have done a conventional live...
Like most new investors, I am working on building capital in order to properly fund my first deal. I have a good amount of equity in my personal home and have a 2 part question to pose here:
1- Is using equity from m...
hello:
As the bank makes any changes to pof. I just finished bidding on a REO property by Well Fargo here in VA. The agent told me that the bank wants proof of funds with my name on it?
i used to use my HM lender...
Hey guys and girls, Game warden from Kentucky seeking some advice for a rental property I have under contract. What do you think my best option is for coming up with the Down payment for this property? I have a HELO...
Its my primary residence that is mortgage free and in a prime location in Scarborough, ON. I need to raise renovation costs so i can maximize returns as i am flipping it. Can you guys list and details ways on how to d...
I'm 22 and I'm looking to get into real estate investing. Starting off with multi family homes, rehab and rent. I had a silly general question. I notice people always talk about how much money was put into a rehab. Do...