Mekail Faquir
Any way to cover Down payment with loan?
I’m looking at purchasing my first properties, that being said I don’t have a substantial amount of $$ for a down payment. How should I go about this? Is there a way to secure a loan for the purchase plus Down Payment...
Kristopher Kyzar
First Joint Venture BRRRR
Investment Info:
Single-family residence buy & hold investment in Norfolk.
Purchase price: $60,000
Contributors:
Jonathan New
Purchased and rehabbed as a joint venture. Currently ren...
Account Closed
Reservations about using Hard Money
I have a deal that would make a great BRRRR. $60,000 asking price, $90,000 rehab, $200,000 ARV. Cashflow positive $300 a month using the 50% rule financing 75% LTV when done. Obviously I’ll dig deeper into the expense...
Kyle Root
Carry Personal debt while investing in RE?
I hope to get a lot of feedback from this post and I look forward to see what everyone thinks!
My portfolio currently consists of a duplex and in 3-4 days I will be closing on a single family home attempting to suc...
Kayla Elliott
What is the best loan strategy for this buy and hold?
The situation is a little lengthy, but hear me out..I am purchasing my childhood home from my mother (my deceased father's rental prop) seller finance. Because she is my mom, I can have her deed the house to me so I c...
Mariah Sanchez
Need help finding someone who will loan small amounts.
Hello!I found a property that needs about $20,000 worth of work and seller is willing to go for my offer of $4,000. ARV lies between $40-$50,000. This will be my first deal. I am having a hard time finding a lender th...
Robert Thigpen
Foreclosure Auction Sale Cancelled Seeking Advice
Hi all,My wife and I were looking to bid at an auction in two weeks on a preforeclosure home. We got a notification today that the sale was cancelled due to reinstatement of the mortgage. The owners filed bankruptcy i...
Caleb Drake
HELOC on Rental!
I have a performing STR in the Florida Panhandle that has around $100k in equity I’d like to tap into. Does anyone have a lender or is a lender who does HELOCs on rentals titled in an LLC?
Anne ODonnell
Getting that first property
Hello! I am a newbie here with an interest in REI. I am starting my journey reading books and listening to podcasts. I read The Book on Rental Property Investing and am currently reading Rich Dad Poor Dad. I plan t...
Keisha F.
Lots of Equity... What Should I Do With It?
Hi everyone!So, I've seen other's post about what to do with their equity but haven't found a strategy that's right for me. I own a 4-unit property in Brooklyn that I bought for $650k and is worth about $1.8M. Excelle...