Scott Lunn
Best way to borrow to buy investment homes without getting scammed
'Is a line of credit the best way to go for a beginner with no history in flipping homes? I spoke o a lender and that was the suggestion
Diane Tycangco
Borrowing a Lump Sum to Buy 2 Properties with 2 Owners
Hi! I am thinking of buying 2 properties, one for $29k and another for $67k and was hoping to put $20k down for both properties and borrow the rest. I was talking to a lender and they told me they cannot lend to me ...
Kiran Adimatyam
Owns a house with equity. Is borrowing money on equity good?
One of my friends want to get into real estate investing. He currently owns a house that is at a good market price say 300K and he has purchased this 3 years ago. The price of the house went up since last 3 years an...
Tony Tibbar
Can a I borrow from a house that's sold on contract?
I've sold a house on contract. It's far from paid of by the buyer. Can I borrow against that house?It's grey area for me who actually owns the house.Yeah, it's clear I own the house until the last payment is made, but...
Eric Kuo
[First Post :) ] Given a known rent, how much can I borrow?
Hi, This is my very first post, so please excuse my ignorance. I started reading BP, BP's books, and listening to all the amazing Podcasts a few weeks back. Finally have sometime to sit down and do some homework. At...
Ryan Farran
Help understanding how much money I can borrow for a BRRRR
Lets say I find a home listed for $100k, it needs $20k of rehab, but the ARV will be $150k when I'm done. When trying to get a loan, can I get a loan for the $120k so that I have the money to do the rehab.....or woul...
Corey Dutton
Why Are Borrowers Always Shopping For a Better Hard Money Loan?
I’d like to share a story about a frustrating experience that lenders in the private money space experience all the time.
We are a private/hard money lender and we get a ton of requests from real estate investors and...
David T.
Is borrowing from family and/or friends really a good idea?
A lot of people seem to get into difficulty when borrowing from relatives and friends for their first property deal, so I wrote a blog about it; http://www.biggerpockets.com/blogs/4226/blog_posts...It would be interes...
Richard Forton
Unique property I am trying to subdivide and borrow money against
Hey BP Family.I am in a unique situation and need some financial advice or tips! Little background on me. I have bought and sold everything from SFH to 10 unit buildings. At my peak a few years ago I had 34 units at o...
Sergey Tkachev
Borrow against one deal to fund another - private or hard money?
I am looking at a 4-unit Sacramento, CA that a partner and I want to buy - it needs rehab and will only sell for cash. Our plan is to purchase for cash, rehab and refinance out into a 30 year mortgage and hold it as ...