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Hi,I was curious what the process is, and what possible pitfalls there are for someone, particularly a beginner, to obtain hard money for a flip? ty!
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I got approved for a conventional small multifamily investment property loan. The lender requires a 25% down payment. When I said I was looking to seller finance or get a hard money loan for the other 25% they said th...
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Hello friends! In the midst of the chaos, the Texas market continues to go strong and we are still buying and flipping. We are working on acquiring a property in Mansfield, TX (Suburb of Fort Worth). The purchase pric...
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Hello all!I am currently reading books and educating myself about private lending. I am interested in jumping in, but I am not sure if I have enough money. I have $110k ready to invest in Florida. I would like to fund...
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Full disclosure, this is not my current situation, but in the 10 year plan, and I'm actively taking steps toward it.So my wife and I have been basically setting aside much of our savings, and acquiring a couple single...
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I have several free and clear properties. Besides HELOC or lines of credit are there any ways people are using built up equity to secure their deals? I have heard of a way to tie a property with equity to others to sa...
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I've recently purchased some investment homes that I'd like to experiment with. Instead of renting the traditional way, I'd like to do a Lease To Own or a Lease with an Option to purchase. I've had some casual conve...
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My wife and I live in the Springfield, MO area and are wanting to start investing locally. We have 20k in savings and about 30k of equity in our current residence. We are juggling between three different options to ge...
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I was hoping to see if anyone had some advice regarding financing on a first time rental property. As an entrepreneur, my tax return for 2015 hasn't been strong enough to pre-approve me for a mortgage. I'm thinking th...
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It is my understanding that FHA will only allow rent credits above market rents. We have companies offering 50-100% rent credits how can that be done legitimately?