Wilson Lee
Private or Construction Loan Ideas?
Hello BiggerPocketians! Any thoughts on acquiring a construction loan or some sort of loan to fund an ADU rental income project?Is it easy to obtain? Do you veterans suggest alternatives?
Account Closed
Multi-family residential construction - Los Angeles, California
Hello, everybody:So me and my team are excited since we have a new project coming up - we have a multi-family property located in Los Feliz, Los Angeles City. We want to demolish the whole thing, buy out a car wash ne...
Roy Gutierrez
Bank Recommendations to take cash out from investment property
Hi guys,
I have a house that I rehabbed in Detroit Michigan, acquired the house 1.5 years ago, house probably worth around 190K, own it free and clear. I've been talking to Huntington because they have a program wher...
Jimmy John
How to get $30K in cash for real estate auction
Good morning,I am looking for advice on how I can acquire roughly $30,000 in cash to use at an auction to purchase properties to flip. I was wondering if it were smart to buy a $30k truck and refinance it to get the c...
Shannon Green
Lenders for DSCR down-payment?
Below are the numbers . I am open to other lenders and products, But currently seeking funds of $467kOne of my goals in Real Estate is to acquire and manage homes in my hometown. I have recently come across a portfoli...
Trevor Bogus
Finding and Financing deal 2, 3, 4 etc.
My partner and I currently own a 4 plex apartment with one unit as long term tenants and 2 units as "mid term" rentals (min 30 days). We are currently looking at finding and financing a 2nd investment property. We are...
Sean Bramble
STR DSCR loan + seller finance
Hey everyone - has anyone used a STR DSCR loan with seller finance in second position? I’ve heard of this being used on multifamily deals, but wasn’t sure if STR DSCR loan products typically allow this... and if not, ...
Randall Everett
I BRR'd my first house, but now I'm stuck..
Hey Everyone,I'm a new investor and I'm BRRRing my first house. I had been listening to BP for a while and I was able to borrow enough cash to purchase an auctioned house at the county steps and remodel it (What a str...
Casey Stuebs
Can you flip a house, do a 1031 and roll the money into a rental unit?
I have read a lot about a 1031 talking about like properties. Well a flip and a rental are both investments but one would be a SFR and one would be a multi-unit rental. Is this possible?Thanks!
Johnoson Crutchfield
A new investor all over the place
I have now acquired about 35 rentals in a very short period of time (15 months). Almost all of them are on 5 year/15 amortizing notes cash flowing an average of $125/month. I only have one private money investor who...