Max Briggs
Considering First Deal without conventional financing
I started buying rental properties last year and purchased two in my area that have been profitable thus far. I am looking to purchase another property but the house only costs $27k and I cannot find conventional fin...
Michelangelo Collura
Issue with Financing by Credit Union
Greetings all; first-time poster and first-time flipper here.I currently have a property about 50% complete in the remodeling (first floor is about done), and I needed further funding to complete the rest. The logical...
Shane Kunkle
New primary and rent out existing or BRRRR
I'm a first time RE investor and received a personal loan for 250K at 2% over 30 years and would love to get insight.
Option 1: BRRRR deal
-This is what i originally wanted to do but with rates and prices being what...
Griffin Stephens
Rehab Budget (basic question)
This may be an obvious question, but, where does your rehab budget typically come from? A loan? Cash you already have on hand? Thanks.
Christopher Bowling
Business loan with LLC
Hey BP!I’m looking for some advice on obtaining a business loan using the rental properties in an LLC as collateral. Is there a loan program for LLCs to get a 70%+ LTV ratio? I’ve heard of personal loans that do this ...
Yanna Almonte
Credit union names that I could use for mortgage Financing in NY
Hi, My name is Yanna. I'm new to BP. First post in the forums :) . I'm looking to do more investing in 2 family homes or multifamily. A collegue told me to look into credit union, that they are more flexible lending f...
Sandy Blair
California investor , peer to peer lending
Any investor currently doing / interested in doing peer to peer lending on a personal loan(s)? Tuned into a BP Podcast that got me thinking about unconventional financing.1) Secured with real property2) < or = to 2...
N/A N/A
Right time for loan
Hey,
with the way that the market is going at the moment, Oil prices going up, the cost of living shooting through the roof, is it a good time to get involved in a personal loan, because the government may drop inter...
Franklin De leon
Credit score in a HELOC
HELLO GUYS! QUESTION MY CREDIT SCORE IS LOW BECAUSE I MAXED OUT MY CREDIT CARDS TO REPAIR A PROPERTY.WILL THAT BE A PROBLEM FOR ME TO GET A HELOC? THANK YOU FOR YOUR HELP
Charles Granja
New debt during a DSCR loan
Hello everyone, I am finishing up a property to sell but have found a property that I wish to purchase. I have just enough cash to purchase but will then be short on the renovation. If DSCR if based off of the income ...