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We are trying to close a buy & hold deal and at this point the financing looks like it will go through. However, our thoughts were we'd do our renovations, get a tenant and then refi to get some of the equity out....
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My partner and I are new REI's since 2018 who have employed the principles of the BRRRR method commanding 5 doors valued about $750k plus one door with projected ARV of about $250k by '23Q1 and one other door bought i...
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I'm looking to get a home equuity line of credit for an investment property owned by my LLC. I just talked to two banks and they both said that they don't offer them for investment properties. Anyone know of any good ...
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My company purchased a first lien home equity nonperforming note in Texas years back. It took us six months (should have only taken 30 days) to receive the paperwork from the financial institution we purchased the not...
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Hi all, I am new to real estate investing. I have finalized the investment property and researching conventional load options. 1. As I understand, interest rates for investment property are priced higher. Is there an...
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I have been re-listening to David Greene's BRRRR book for the umpteenth time. I am currently doing 2-3 BRRRR deals per year with the same money. We held some and sold some after a couple of years of BRRRR. I noticed h...
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I have just spent the last 12 days in hell dealing with US Bank for a loan on a condo investment property. I would steer far far far away from them. Yes, they drew me in with a very low APR and points, but the proce...
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As I recall WA does not allow fractionalized deed of trusts for real estate, but a friend of mine actually participated in one as a lender on a 4-plex investment in Seattle. The borrowers stopped paying him so he want...
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I posted this in wholesaling but I didn't realized this section was here...Anyone heard of or have any feedback on REI Game Changers, James Hodges program?
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Found out that a quality midwest turnkey company cannot sell to you if you are house hacking (living in the property for the first year). Does anyone know if this is true of all turnkey companies? Kind of a bummer, ...