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I currently am building spec homes in a rural area in Colorado and have been self funding the spec builds. I am looking into getting a SPEC line of credit for 1MM or 1.5MM. Each project cost is around the 400k market ...
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Hello BP! So I recently saw a post from another member regarding Fund and Grow. Has anyone used them and if so how did it go. Sounds like a way to grow ones capital in order to turn it into purchasing power. Look forw...
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Does anyone have any idea where to go to get set up with an IUL? Do you think using an IUL is a good part of a retirement strategy? Thank you for your input.
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My house hacking plan is to get a distressed MFH using a FHA 203k loan with about 3.5-5% down, and fix up the property to increase my equity. I will have enough reserves to cover the holding costs as well as some left...
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I’ve seen some posts on using stock proceeds, without a tax hit, to invest in real estate. I can’t tell if my situation is different, though, so thought I’d ask.
My employer gave me shares of company stock (company ...
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Hello everyone, Curios if anyone can help me figure out if it is possible to finance a concurrent close on 15 or so SFR's (different sellers) using conventional financing (assuming the borrower has good credit, reserv...
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Hello everyone,I recently found out that one of my close girlfriend's mom is a broker/wholesaler/agent. I got to talk to her on the phone and answer my questions. She was very nice and extremely helpful. She has 25+ y...
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Hi BP community!My mortgage banker suggests that apply for a HELOC on my private house and use those funds for a down payment on a rental property (2-4 units) my goal is cash flow of 10% and appreciation with the reha...
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Hey all.
In another discussion on peer to peer lending I came up with an idea. I am willing to identify a multi-family property nearby that is listed on the MLS and will post the particulars on a few of the most pop...
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Has anyone ever dealt with "Fund that Flip" and care to leave any feedback?