Eric Roloson
The path to MY FIRST deal
A hard money lender is the way to go in my case. I put addendum in the purchase agreement that it would be contingent on me getting the financing. The selller was ok with this. Rather than wait for HELOC and run out o...
David Marsh
HELOC on a investment property
Hello,I have been trying to open up a HELOC on a investment property I have. The lender that has the mortgage doesn't do HELOCS on investment properties and I have reached out to a number of other lenders seeing if th...
Jason T.
Seasoning requirements for cash out refi on an LLC loan?
Hello everyone. I'm trying to do my first BRRR deal. Bought the home 6 months ago, did the rehab, and it's now rented and cash flowing. Based on the ARV, I should be able get cash out at 75% LTV. I spoke to my fir...
Barry Sanders
What Kind of Investors Use Foreclosure Auctions?
So ive started to attend foreclosure auctions to try to learn more about investing and on a smaller level to network. Ive come to the conclusion that foreclosure auctions are more beneficial for fix and flips than for...
Brad Willman
Refinancing our BRRRR with a commercial lender.
Hi all. We recently acquired a property that we are going to brrrr. We decided to put the property in our LLC. This is our first time and I would like to know which commercial lenders are best for refinancing. We woul...
Ashton Sharp
I'm desperate to get into a real estate field.
Hello BP community, I have been a semi active BP member for close to a year now and as I learn more about real estate I find myself wanting to be at my 9-5 less and less. My quality of work is suffering because I'm co...
Joe Paoletta
chicken or the egg ?
Friends,To this point in my investing I have either bought my properties for cash or was able to get commercial loans with 30% down. Frankly, i've use most of my capital and want to keep reserves. I want to expand and...
J.D. Holifield
how many houses do you hold at a time?
ok so. i am still new at flipping. our first one went great! on budget (a little over) not much over time budget.( 40 days from closing to on market) now it has been on the market 33 days.i paid cash for the property ...
Jason Schwab
Newby financing question
Hey guys, I have a question, any insight is appreciated. We have one rental property we purchased in April. Duplex purchased for around 30k w rehab and is now renting for 850 a month less 10% prop management. It's pro...
Orlin Todorov
HELOC for self-employed needed
Hello everybody, i am a real estate investor who does fix and flips. I have been using asset based lending so far to finance my flips. As many of you know, the financial markets are not performing well as of now, and...