![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/171034/small_1621421249-avatar-timothy357.jpg?twic=v1/output=image&v=2)
The scenario:
I need $20,000 to pay off 403 loan and pull down $50,000.
The $20,000 plus loan fee can be paid off in less than a month after the loan check clears.
The purpose: The balance after the initial loan is...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2784/small_1621346285-avatar-goldenamber.jpg?twic=v1/output=image&v=2)
One of the biggest concerns is that - "We will start the process when the property is under contract" But wait.. I have to be pre-approved BEFORE I can even put an offer in. So, how do I work around this issue?
One ...
Good morning my name is Brenda and my husband and I are just starting in real estate, we have been reading, watching videos and attending our local REIA meeting but of course I am sure that many of you experienced fea...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1748974/small_1621515236-avatar-brycer25.jpg?twic=v1/output=image&v=2)
How do you insure a private lenders investment?If I borrow money from someone who’s not a family member who doesn’t accept my word and a hand shake on a deal.... how do I guarantee their investment?
First of all, apology if this topic is too commonly posted. But I can’t find a specific post that addressed my questions. Im starting OOS due to my area being too expensive for properties. I would like to make sure I ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2000607/small_1696469774-avatar-alexandrun1.jpg?twic=v1/output=image&v=2)
I'd like to use a construction loan, or have a second mortgage for a backyard cottage (DADU) but my current loan has a very good rate, and I wouldn't want to lose it. I only have 5% equity on my current home. I have t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1129994/small_1695329820-avatar-jerryb81.jpg?twic=v1/output=image&v=2)
I'm just getting started with a comprehensive strategy of rehab and flip, however on the current pace and with a focus on the local market I foresee at max 10 deals per year.
Is there a way to really scale it?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/213230/small_1695454887-avatar-tanvir22.jpg?twic=v1/output=image&v=2)
Hey guys, Thanks for stopping by my question. I am curious to know if I can use my land to borrow money. I have a land which is worth $1.9 million. I want to develop a five story condominium in Brooklyn, New York. Can...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2464117/small_1654187321-avatar-justinf335.jpg?twic=v1/output=image&v=2)
I'm new here and have read through articles as well as webinars. I keep hearing you can borrow the down payment by getting creative or partner up with someone that can finance the deal or downpayment. There is a lot o...
Do anyone have any advice or tips on how to pay the personal line of credit faster?... like take out money at the beginning of the month and deposit at the end.. or deposit at the beginning and take money out the end ...