Ducote Kiernan
Using home equity as a down payment.
I own my home free and clear and I have a real estate deal that looks really promising. I wanted to know if I could use the equity in my home as collateral for the down payment? I don’t mean a HELOC or a home equity l...
Patrick Naughton
Will privet money loan effect mortgage amount?
Hello!If I get a privet money loan of say 30k for a property to use as a down payment will that effect how much a bank will give me on a mortgage? Has anyone used a strategy of a combination of privet and conventional...
Jef A.
Hard Money and Credit
I understand a hard money lender may want to review my credit history and score before lending money. However will the loan be associated with my personal credit profile or will the loan be strictly based on the house...
Jared Hettler
Finding cash buyers
Hey everyone, new wholesaler here...I'm pretty sure you're not allowed to market anything on BP that isn't on the marketplace obviously so I won't get into the specifics of it but where would I go on bigger pockets to...
Katrece Boyd
Help with Multi-Unit Opportunity
Hello, I'm completely new to REI and BP. Last week I found a 4 door multi-unit on Craigslist that's not listed on the MLS in my area. I've been in contact with the realtor and he stated the owner is willing to sell bu...
Frank La Pira
How to finance a deal?
Hi folks,My agent recently found 2 off-market properties, that owner is selling for 23% below the market value in a hot area. The total value of the properties is 440,000 and they are selling for 330,000. They both...
Joseph Territo
Home Equity to Invest in Real Estate
Hi Everyone,My name is Joe Territo, I am a new RE investor located in Charlotte, NC. looking to start Flipping houses. I have been in construction for many moons. I have wanted to invest in real estate for a long time...
Ankit Khatri
Is taking secured loan to buy rental property GOOD Idea.
I am thinking to get a collateral/secured loan against my stock portfolio. AND I want to invest that in a rental property and at the end of the loan term I wish to flip the property to pay back the loan.Please let me ...
Christopher J Lemmon
Cap Rates and Interest Rates/ What the *%%€*+??
Can some with long term experience explain how interests and cap rates can be inverted, stay inverted and investors keep making money? Here is another way to ask this: If it cost me 6.5% to borrow money but the cap ra...
Tony Sessa
Finance
If I borrow money from a private investor for down payment and rehab cost on a property and use a conventional loan to finance the rest, how soon after can I refinance the property?