Andrew Merritt
Issue Came Up With Financing Just Before Closing
Hey All, this gets a little complicated so I'll try to explain clearly.I purchased a duplex back in september w/ cash and did delayed financing with 70% LTV. Using those funds (and some others), I purchased a new pri...
Mike Brice
Hard Money Lenders
I'm looking to start investing and it seems the only way I can get started is with something called Hard Money. Can anyone tell me their experiences and/or pros and cons? Any informatiion would be helpful. Thanks!
Felipe Munoz
How Do I Use Private Money? *NOT talking about hard money lender*
Hi BP Fam! I have a friend of a friend who's caught wind that I flipped first property and has money she'd like to lend. (Yeah! Pretty cool!) We are going to have a chat about her lending money for a fix & flip...
Dale Miller
Is a HELOC a good choice in todays....
Is a HELOC a good choice in today's market with such few supply and greater demand. the buyers with cash offers are usually the winning bidsWould probably give you a quicker transaction and more leverage when negotiat...
Chad K.
Can a wholesaler use asset based lendinb
Over the 4th of July weekend I had a idea of doing some fix and flips on my own. I did some research an came across asset based lending an reached out to a lender an he stated that your Fico score dosent play a role. ...
Account Closed
Where to get the last $40K
Hi All,Would appreciate any advice on the following.I own a property (live in + rental) and would like to buy a second in January (investment property - most likely a triplex). The second property is not a commercial ...
Jesse M.
Where to stash cash for short term?
Howdy. I'm looking for recommendations on which vehicle I should use to stash some funds to be used at a later time. Let's say it's more than 10k but less than 200k. A friend suggested municipal bonds but I'm not sure...
Brick Biermann
Using Cash Out Funds to Purchase Primary
Hello All,
I recently completed a refi/cash-out on my multi-unit (4 units) property which I also use as my primary residence [been living in one of the units for several yrs]. At one point during the process of the r...
Samantha Derman
HELOC for Fix N Flip in LA
Hi all, looking for advice before I pull the trigger on a HELOC on my own home. My goal is to use the money for fix n flips. I definitely qualify for a good chunk, but trying to decide if it's better to get an interes...
Jasmine G.
Financing first rental
I am looking to purchase my first rental property. I currently own my primary residence where I am responsible for the mortgage. My husband on the other hand is not tied to the mortgage and has the ability to obtain a...