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I have now finished a total of 3 fix-n-flips. My second closing on 5/16/16 and my third closing on 6/3/16. My goal this year is to complete 6; however, it is getting harder and harder to find a deal. On my last flip, ...
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Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
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Question for lenders (or anyone who understands how construction loans are underwritten). I’d like to know how to strategically order a series of transactions in order to qualify for a construction loan from a DTI per...
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So I was recently in search of a HML to fund a fix n flip that I came across. Most HML said I needed to brinf X amount of dollars to the table...or I not so great stipulations to fund 80-100% of the deal rehab cost in...
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If anyone knows of a couple investor friendly title companies in the Toledo Ohio area that would be great or even if you know of a transactional funding company here. Thanks in advance!
Considering a personal loan to an individual for a real estate investment. The request is a loan with an interest of 12.5% paid annually x 2 years. After two years the initial loan amount is returned. Seems straight f...
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I have been reading a lot about creative financing and funding loans through other methods than just paying the 20% down payment. I have been quite interested in how some people use credit cards and small personal loa...
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Hi all! My first post :) I'm new to REI and followed the shiny into buying ($390) and attending a goofy 3-day workshop (currently sitting in Day 2 in Danvers, MA) on tax lien buying by TAX LIEN WEALTH BUILDERS, previo...
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I’m looking into different ways to fund deals and am curious about using my 401k, IRA, and/or stock accounts on margin to help fund my deals. I’m looking for answers to questions like:• How much can I borrow?• Am I re...
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Often times I hear zero down to purchase Multi-Fam investments. After speaking to several lenders and private money lenders and reading multiple books I’ve learned this is a misleading message and almost lies. Lenders...