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Hi All! I am working on a subto deal where we would take over the first mortgage on a ST rental property but would need a lender to finance the equity on the house. Is this possible? I spoke with my lender who obviou...
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My wife and I just got our LLC set up. We have spent the last 6 month studying and researching real estate. Now we are eager to do some deals. Right now we are looking into buy and hold and possible flips. We have...
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So I have searched around the forums looking for an answer but haven't found one. My question is, is it possible to buy a home via owner financing with intentions to sell it via owner financing?I was working on one o...
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Some lead sources I'm working with throw out deals that require all cash. I like some of these deals and want to participate. I have the cash to purchase but ultimately I would rather use leverage so I keep as much of...
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Hello everyone! I am trying to find financing for my first flip and am unable to get answers to my questions around financing. Here is what I'm struggling with:
- The financing company (hard money lender) states tha...
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Hi all! I have a tough situation I would really appreciate some help on. Heres the situation in a quick paragraph:
I house hacked my first single family home 8 years ago. 1 year ago I moved out of it and into a large...
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Hello,
I purchased a property in St louis. I purchased it in cash and did some improvements, and barrowed about 40K and the rest out of my pocket. My first thoughts were the BRRRR strategy. It will probably rent f...
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I'm looking to buy a house from an upcoming tax foreclosure auction in my county (in Arkansas).
The property is in a great neighborhood, but it will definitely need some repairs.
I have access to a little cash, bu...
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Here is a question that I have thought of while trying to come up with a creative way to finance another property with less than 25% down. One of the banks that I looked at offers up to 90% LTV on second homes. I hone...
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I'm looking for the holy grail of financing, and I'm wondering if this would work.
If I were to purchase/ construct 4 homes on a single/ continuous lot, would I be able to finance them with a single conventional or V...