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Looking for advice… I am buying and renoing a property to fix and flip with a heloc. I would prefer to convert to long term rental… are there any loan programs that will allow me to refi at 80% of after repair value? ...
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Looking at a 40,000 2fam property and I have just enough cash. If I buy it, can I immediately get a $28,000 (a 70% LTV cash out) before renovation and use the 28,000 to do renovations? I know the typical BRRRR proc...
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Hey everyone - thank you for taking your time to read this post and provide feedback. First time investor and big supporter of BP and the wealth of knowledge on this platform. I moved into my first contract today, con...
I'm really trying to buy a house now to live in and flip within time. I understand I will still need to give a down payment when approved for a mortgage but I found plenty of foreclosed homes for under $5,000, do I st...
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So, I always get those "checks" in the mail from the Credit Card company for 0% financing for 12 months. I'm trying to find a way to use them to help lower my amount in a property akin to using OPM.Basically, I will c...
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Is it easier to refinance from a seller finance loan or a hard money loan? Also, is it true you have to hold you property for 6 months minimum before you can refinance? I thought you could refinance earlier? Thanks i...
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What do you think about buying 50k homes to start your first deal in other words getting your feet wet. I would really appreciate what you think?
New investor beginning on pursuing first rental property. I have been analyzing deals using the rental calculator but now that I have been approved for an equity loan I found myself questioning where do I figure into ...
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Hey awesome Indy people! I recently purchased a rental property on the near East side in Little Flower. There's a vacant property across the street listed as a rent to buy from Rainbow Realty but they are open to ca...
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Hello BP.
I'm exploring using hard money for another property for the first time. If there are some seasoned hard money users willing to chat about the process I'd appreciate it. Mostly Im concerned about how to ha...