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Results (7179)
Account Closed Rent-Refinance portion of BRRRR
23 November 2016 | 20 replies

Hey guys, Just wanted some clarification on how this section works. Lets say, using hard money, I purchase a property at auction for $35,000 that requires another $35,000 in repairs (included in the hard money loan). ...

Steve Guerra Mortgage Broker Questions
15 June 2012 | 8 replies

Hello Everyone

I have some questions about borrowing from a Mortgage broker.
Well first off I found one in my area. They require 25% down for any investment property. They can only fund properties 70k and up. Their ...

David A. Can you get a conventional loan on a property below $40k?
11 August 2018 | 5 replies

Hi everyone,
Before I begin my business of acquiring rentals and managing I want to know if banks are willing to finance with a conventional and 20% down a rental under $40k. I understand that cash flow is better wit...

Kasie Kay Mixed use building BRRRR
5 August 2024 | 3 replies

Needing advice from someone with more experience. I just won an auction on a mixed use commercial/residential building. What is the downside of using a commercial lender to purchase, my own cash to rehab, and then ref...

Jeff G. Bought my First BRRRR, having some difficulty finding a lender
8 January 2023 | 10 replies

I bought my first BRRRR a week ago. I got it for $35k, I'm putting ~$25-30k into it and it should be worth $100k when I'm done with it. I just had an offer accepted on a second property for $50k that really only needs...

Curran Jewell Home improvement loan
24 March 2022 | 2 replies

Hello, so i have questions about home improvement loans and the pros and cons about them. I bought my first home that was a fixer upper that my family and i currently live. The more i do the more projects seem to pop ...

Laura Pattawi VA Home Loan + Prospective DADU
10 November 2020 | 0 replies

Hello BP members!
In pursuit of more space more my growing family, wealth building, and an additional source of income, I am pursuing an owner-occupied property with the potential of STR in the downtown Nashville are...

Collin DeWese Cash Purchase Refinancing
12 January 2022 | 6 replies

Hello everyone. Here is the situation I am currently in and trying to resolve. About a week ago I bought a single family rental with cash and I bought it way under value. I would like to refinance it asap for the appr...

Michael Alexander Exploring Lending Options for Short-Term Rental Owners Based on Booking Revenue
17 November 2023 | 4 replies

Short-term rentals have become a lucrative venture for many property owners, offering a flexible income stream. However, accessing traditional loans can be challenging, especially if personal credit history isn’t favo...

George Knetzger Mobile home park financing
16 September 2021 | 2 replies

Banks want appreciable real property to lend money. They won't lend on personal property like mobile homes. Can a deal be structured to buy the land of mhp even though there mobile homes on it?