Jorge Pesok
Bought, reno., and rented property with cash. Now need money, CT
I bought a single family residential property using my own cash, renovated it, with my own cash, and have now had a tenant in the property for going on 2 months. I am looking for a bank to finance the property, which...
Amy Atnip
Private lender for flip down payment
New member and fairly new licensed contractor looking for advice. I'm almost finished with my first flip. Another property has become available that I'm interested in flipping, but I don't have the cash for the down p...
Leo A.
HELOC 7.5%
Greetings,I need some opinion regarding HELOC. I have one rental property that I applied for HELOC and only one bank(credit union) offered 90% LTV at 7.5%. Below are the numbers:Appraised Value: $ 192,400Current Mortg...
Dave Jones
What lenders are offering 80% LTV on a cash out?
With Covid I know things have gotten tighter, but I am wondering if there are any hidden credit unions or banks that have an 80% LTV cash out product? This is a single family rehab project. 70%-75% won't kill my numb...
Eric Bilderback
Your opinion to risky to refi now?
I am considering trying to refi a property. The reason for this would be to buy more real estate. However I think we may be at the top of the market and I am concerned that there could be no equity in it if there is...
Michael Clark
BRRRR Refi CASH OUT VS SIMPLE REFI
Does the refi step in the BRRRR process have to 100% be a cash out refi for it to be a clean BRRRR? Or could I get away with doing a simple refi and have the new lender pay off a HML.I ask because after calling 30+ cr...
Justin Johnson
How should I utilize my self directed IRA
I have $200,000 I’m thinking of moving to a SDIRA. Can anyone give me some ideas how to capitalize and a good Custodian?
Cassidy Burns
95-100% LTV HELOC Company on Primary Residence in Washington DC
Hi All,
I"m looking for a 95-100% LTV HELOC company on a primary residence. I already have a LOC with Tower Federal Credit Union, so I cannot use them. But I'm looking for a company that will do a HELOC on a new ...
Amanda Berg
question regarding HELOC
Hello BP community!I'm trying to get my finances in order right now and I have decided to do my first flip with funds from my HELOC. I'm trying to determine what a bank or credit union will give me. If the value of my...
Michael Glenn
Advice on First Deal
Hi BP Community, I've listened to a lot of the pod casts but have many more to listen to. I must say they are amazing and many thanks! I'm a real estate first timer. I've tried to do my homework but would really appre...