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Hi there,Does anyone know of a lender that will do a HELOC on a rental property in IL? Property is located in Aurora, IL. Chicago, IL basically Chicagoland area.
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Hi all,I am not sure if this is the right place to post this question. Apologies in advance.So I have a property in Massachusetts that I purchased 3 years ago with the following:-bought at 160,000-15 yr fixed loan-3.5...
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Questions that I should be asking Hard Money Lenders ?
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Hello, I have a general question about financing my next BRRRR. Is there a general rule for how much money to leave in a BRRRR? What are the things I should consider? Is it always best to take out everything you put i...
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Hi BP folks!I want advice on a lender that I might be working with. She's not asking for any upfront fees, but she does ask for a due diligence fee of upto $75,000 that is held in a escrow account in NY. She is asking...
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Hello all, New here and wrapping my head around the logistics within a buy-and-hold strategy on a rehab multi-family property. I am in NY, not NYC- Westchester & Rockland Counties. I am looking at a 5-Family prope...
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Hi all! I am based in NYC and looking to purchase a primary residence Condo in Manhattan. Has anyone successfully done a purchase with 20% down, 80% financing where the buyer only puts down 10% cash, the other 10% is ...
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I'm looking to raise money through private funding. Some to have ready, and some per deal. When working the deal with the private lender, how are most of you breaking it down. Let's say you're requesting $100,000 l...
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Hi everyone. My names is Andrea and looking to see what people are currently doing in regards to pulling your money out to move on to the next property. Just did a rehab I already on a property that has 2 homes in on...
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Hi all, my husband and I are looking into doing a HELOC on our current owner-occupied duplex (we live in one side) to help fund a down payment on another duplex. Does anyone know a local credit union or bank that will...