Gabriel Jordan
Looking for creative ideas on financing/ deal structure for my dad's FSBO neighbor
Hi,As mentioned above, my dad's neighbor bought a place downtown and is looking to offload the property. I naturally raised my hand as interested but don't have the cash to buy it outright (this would be my first rent...
Lupas Dinu
Financing down payments
Can the pre-sale method be used to get the 20% down payment for the structure of the loan from hard money lenders?
Jeremy F.
Leveraging Primary Residence Equity for First Rental Investment
For a first time real estate rental investor, is it a good idea to pull out equity from your primary residence in the form of a refinance, HELOC, or home equity loan based on today's current rates to fund your first p...
Mohammed Milord
How does everyone feel about using gap funding as a buy and hold investor?
I am thinking about using gap funding for the down payment on my first rental property as a buy-and-hold investor. I don't have any money saved up but don't want that to hold me back from getting started in real estat...
Paul Herman
Looking for creative ways to fund a STR without 20% down-payment.
Currently, I am saving to purchase my first STR. I'm hearing from most lenders that they require 20% down if the property is not considered a primary residence. Does anyone have any creative methods to obtain funding ...
Erik Salmon
Which option should I use for financing my first deal?
I am just beginning the process of getting into real estate but I am having a hard time deciding how to fund my first deal. I have built up some equity in my primary residence and have investments to cover a down paym...
Scott Bares
Why Should I Use Hard Money Lending
I am a dentist in North West IL. I currently have 7 Locations and we own 4 of the properties where our dental offices reside. We pay ourselves rent from these locations, which assures us a profitable return. I placed ...
John T.
Rent Payment via ACH transfer downside?
Hello BP!I currently have two rental properties and both tenants pay their rent via ACH transfer into my bank account. It's pretty much a bank account to bank account transfer.Are there any downsides to electronicall...
Isaac El
First BRRRR - but what happens when you can finance too much?
Hi, I have been listening to and reading a lot about BRRRR and I am all for it, have been looking for property to fit the model for a long time to get started out. I found a property that I was planning on fixing an...
Ivan Cole
BRRRR - Stuck on financing step!!
My wife and I used cash to buy our first property. We have completed the rehab and have the property leased for 3 years at 1,100/month. House is worth $100,000 and we have $49,000 invested. I have called 7 to 8 banks ...