Bryan La
Cash out refinance or HELOC
I'm in the process of doing a cash out refinance but now I am considering doing a HELOC instead. I want to purchase a new property with the funds. Any suggestions ?
Gregory A.
Structuring a deal to a private money lender
I keep coming back to this topic about private money lenders and how to structure a deal to benefit them. The type of lender I am picturing is someone who is just writing a check and outside of that is not involved in...
Ivan Castanon
Do I have enough money to start private lending for fix and flips?
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...
Jonathan Weinberger
I spent $800K with Own It Detroit -- $20,000 on this rehab. Rate it! (Part 2)
Hey guys, So I received a TON of dm's about my post in detroit. Really appreciate all the comments and thanks for being open and honest. If I haven't responded to you, I'll get to ya eventually. I'm always happy to ch...
Asher Anthes
Best Option for getting a small mortgage ($60,000, 80% LTV)
I'm having some trouble finding a lender to finance a smaller sized mortgage for my first investment property. Do most larger banks choose to not lend on investment properties under $60,000 or so at all?
Matt Slease
Would you do this deal?
Looking at this property for a long term rental, possibly a BRRRR if I could refinance out after repairsAsking price: $85kRehab needed: $25kARV: $130kSingle family bungalow home in a c+ neighborhood (good schools, low...
Jared Adamson
Partnerships
Tonight I had a meeting with an acquaintance about getting involved with their property fix and flips. They have been buying properties with cash, fixing them, and then selling them. They have been limited in num...
Justin Phillips
Investment Prop 2nd Lien
I have an investment property in Delaware that I am looking to pull cash out of. Private money is probably my best option but wondering if anyone has other ideas to max out the LTV / CLTV? I don't want to pay off the ...
Janelle Green
Where can I find a loan for a $25-30,000 investment property?
I'm trying to find a lender to finance the purchase of a cheap investment property. I have money for down payment/closing costs but not enough to buy with cash. I plan to buy and hold for at least 2 years probably m...
Mary P.
Interest rate if I hold the mortgage and owner finance for buyer?
Our property is paid off and we're considering selling and offering to finance. What's a reasonable interest rate to charge? Is there a formula - like prime + X%?Input is appreciated! Thank you.