Does anyone have any suggestions on funding deals that are below 25,000 with private funds?
I have a property in South Euclid that I was able to purchase and rehab using funds from lending club. I am about to rent it out at the end of the month and am looking for some investor friendly banks to refi through....
I only have around 1k invested but so far I am on track to make about 7%. Whether I invest more money remains to be seen. My criteria for loans is pretty strict and I haven't seen a whole lot to invest in lately.
So if I got an IRA and set that up with the max contribution for the year, would lenders be able to consider the money in that IRA as the necessary requirement of having 3 times the mortgage value post-closing? I don...
Anyone have any experience with Bakersfield Investing Club or Lending Club? Looking to use them to speed up my accumulation of cash for a down payment on a buy & hold single family home. Any thoughts on these? ...
I have been buying foreclosures for rentals using cash from my 401k and doing fix up work, then rolling them into a mortgage (I'm at 8 properties, 2 under contract). These are 3/2 SFH that are Upper $30k to $40k, nee...
Hi everyone! I am at least ankle deep (but more like knee deep!) in my education in note investing. I am interested in dipping my toes in by perhaps buying a partial. I have up to $10,000 to begin with, and from what ...
I'm eligible for a loan from Lending Club for $24k. Can I use this money as a down payment for a conventional product/hard money skin in the game? Or is there some rule that bans borrowing for a down payment?
Hi all,I have a deal in the works on a property where the owner is willing to carry back financing. The seller has a small balance left on the mortgage so I need a down payment to clear this and a little extra cash to...
Hello! I've been all over this website for the past several months and I love the advice I find. I've even contributed where I can from time to time. :)
Hopefully I can get a little advice on this opportunity.
Sub...