Would it be a good idea to use hard money loan as a down payment for a multi family loan?
So I've managed to purchase 2 properties that bring in $54,000 per year, that's 4,500 per month gross. my mortgage is a ballon 3 year interest only loan that I'm being charged 10% for. I pay 1800 per month on my loans...
Hi everyone, I'm interested in lending some money to fix and flippers and possibly other types of investors. Only thing is, I don't know how and I don't have much to lend. As of now I'm only comfortable lending around...
I can get a personal cash loan to buy a foreclosure that im currently renting and living in, my question is how can i get bank financing to pay her back. im pre-qualified for a FHA with 3.5% down. but im told that i c...
I'm in Central New Jersey, Mercer County. I've done several wholesale deals, fix and flip, bought tax liens, and did a private money loan. Most of these were in areas I wouldn't want to personally live in. I have yet ...
Hello, I currently flip homes and I'd like to start buying rental properties, is there a current formula I should live buy when barrowing funds to purchase?
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I applied for HELOC with my credit union. Prior to the property appraisal being done, they told me the maximum amount I would be able to get. I thought the amount that could be pulled out was based on a debt to income...
Hi everyone -I am working with a buyer that has a property under contract for a while so needs to close on it using personal cash. His plan was to do a fix + flip program but can't do so due to running out of time to ...
I own 5 properties with a combined equity of approximately 1.5 million. Is there any option to pull this equity out from all of them together under one heloc?