TJ Fries
Best Lending/Financing Options for New Investor
Hello everyone! I'm a new investor, haven't purchased a property yet, nor do I have a lot of funds to contribute to the deal. What is everyone's opinion on the best lending/financing options for someone with my exper...
Louis Van Der Westhuizen
Hard Money for beginners
Hello Bigger PocketsI keep hearing about hard money lenders and they all seem to have loans available for new investors at least that is what they represent on their websites, but is that just a marketing trick? I hav...
Stu Stanton
Where can I look for this PML?
What I am looking for is a very short term Private Money Loan to purchase discounted properties, no rehab. The purchase will be done in the name of the buyer, not me. These purchases will be at 75% (78% if possible)...
Sunkul Soni
The Refinance in BRRR
Under contract on my first BRRR, a triplex. Speaking with lenders I was surprised to learn that. Cash out refi would be 30% down and in some cases pts on top. Wanted to see what some of the terms folks were getting ou...
Dain Waters
Cash Out Refinance to fund an investment?
Hello! This is my first post. I'm just starting out in the world of Real Estate investing. I'm looking into doing a cash out refinance of my current owner occupied house. I would use the cash from the refinance to fun...
Luis Alvarado
Redo HELOC as property value increased
My house is worth ~$310k according to recent comps. I have a $52k HELOC on my house and $154k balance on my mortgage, therefore only at 66% LTV when you combine HELOC and balance on my mortgage. My property has gone u...
Sundiata Atiba
Financing my first deal.
Hard money, private money, or banks? Which is the best way to finance a deal?, and why.
Ron Hassid
SFH loans in Phoenix, AZ - need lender contacts
Hi All,I have 10 or so Singe Family Homes in Phoenix with an average value of $80K per home. I was looking at getting a portfolio loan, but I think I would be better off with traditional home loans, and doing 1-3 home...
Tyler Rowley
Cash-out Refi - Rental Property
Hey guys: I want to maximize my LTV for a cash-out refi for my two-unit rental property in Rhode Island. I know 70-75% is pretty standard, but I’m wondering if people know how to get 80-90%. Excellent credit, if that ...
Gary Wallace
Recently funded private money bridge loan
Investment Info:
Small multi-family (2-4 units) private money loan investment.
Purchase price: $1,500,000
Cash invested: $1,200,000
This was a bridge loan at 80% LTV and 9% for an experienced investo...