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Recently, I have been trying to take out a loan for investing in fix-n-flip and I came across Sprout financial and they are offering me $70,000 with no collateral and no interest with fees of $6500. Has anyone used th...
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Hello All,
I'm starting to hit the REO market and would like to know how some of you are accomplishing this. First I will be using transactional funding and will quickly resell it to an end buyer I'm looking to hold...
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Hi all,
I am just reaching out to find out what sources you use to obtain your mailing list info? I have purchased a few list, but the one from ListSource seems to be about 20% owner occ ,when I selected ...
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We are looking at a house that is being auctioned next week in Gulf Shores. They only accept cash. What is the best way to show cash in hand in order to buy it when you don't have the cash and need to borrow the funds...
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Team,
I'm not sure how to ask this in one concise question so I may potentially have several follow up questions based on responses.
Considering I have $20k-$30k to start investing in real estate. The goal is to i...
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I have a close friend who's shopping for financing on his 7th home. Mortgage professionals are looking for far more reserves and qualifications for this home. it was explained that this happens after you have 6 homes ...
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Hi BP,I just purchased a new 4-unit property which has a duplex and 2 single homes. My insruance will not insure the buildings together they will insure them if they are separate insurance. Do you have any ideas?Than...
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So if one goes under contract to buy a retail center (for example) and the seller agrees to carry back a 20% second position note. The bank would do 75% on the first position, so investor/buyer would bring about 5% t...
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Hello, how can you go about to get a HELOC line of credit if you don't make much/don't have any credit/have no assets? I plan on using HELOC and hard money lending as a way to fund deals being that a regular bank loan...
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Hi everyone. Need some advice from lenders as well as experienced investors. I am getting ready to choose my lender from several I spoke to. Should I choose only one lender to qualify me or more than one? How will...