Account Closed
Borrow against equity
I have $55k of equity on a recent $85k purchase (3 single family homes)
I don't want to refinance for a year.
What kind of loan should I get to use my equity to buy another property?
Johnny Saraceno
Borrowing friends cash
I want to borrow a friends money to fund the purchase and rehab of a BRRRR. I might have to ask multiple people if the first friend isn’t willing to fund the whole project. How should I pay them back? How would I s...
James Smyth
Borrowing down payment
Hello everyone I’m new to BP and REI. There is loads of great information here. So I’m just starting out my research and would like to start putting in offers March/April next yearbook the right property. I’m currentl...
Dennis Callaghan
Borrowing Money Process
Hello All,I am recently new at BP and would appreciate any advice on the structuring of a personal money loan. I have 5 single family homes that I rent and two of them I got at auction but used retirement money to pay...
Noah Kellar
Initial Cash Borrowing
Hello, all.My name is Noah Kellar & I am a 22 year-old in the research stage of rental property investing. I came across this website through Brandon Turner’s book, “Rental Property Investing” (great book). I am l...
Denise Holder
borrowing when 1099
Hello,
Although there are great benefits to being a 1099 employee, borrowing is proving difficult. I need to borrow 20k for a Reno of a cabin in the Allegheny mountains. I went 1099 in January (less than 2 years) a...
Denise Holder
Borrowing when 1099?
Although there are great benefits to being a 1099 employee, borrowing is proving difficult. I need to borrow 20k for a Reno of a cabin in the Allegheny mountains. I went 1099 in January (less than 2 years) and conve...
Donnie Wilson
Borrowing Money - Parents
Since my parents have retired and the uncertainty of the stock market (where all their investments are at) I'm trying to help them by putting their liquidity to use. How do I go about borrowing money from them to put ...
Frank Leone
Seasoning borrowed money
Hey guys just some quick questions.
I am looking to buy my first duplex which I will rent out one unit and live in the other. I will be going for an FHA loan 3.5% down.
#1 - What I'm wondering is if I were to borro...
Carlton B.
borrowing from family
I'm interested in involving a couple of family members as investors in my next fip. I think the best way will be to borrow the money and pay them interest monthly like a hard money loan. So, they put 100,000 in at 10%...