Kalin Stocker
Pay for a REFI or Stay with Hard Money?
I haven't posted for a while so I thought I'd start with a little "Win" story on a flip I did and pose a question at the end (not a huge win but everyone likes to hear about a project go well right?).
Bought a place...
Mike Nelson
Private Loans for rental properties
Has anyone here ever had a rental property financed by private funds through a retired persons IRA, 401k, etc? I have a neighbor who is recently retired and was complaining to me about how his returns this year were ...
Blake Stringer
Trying to figure out my financing options
Hey everyone! My name is Blake and I am currently in the process of trying to land my first deal.I’m trying to figure out a couple ways to finance my first brrrr. I have a way to raise the down payment but the rehab i...
Chris Wunder
Obtaining an Interest Only Mortgage
I am going to do my best to make sure this is not long winded. I have bought and sold 8 homes in the past 8 years (flip properties) and have been fortunate to make a decent return on every property with the exception...
Account Closed
Will Wholesalers Work With Bank Financed Buyers?
Hi-
I'm trying to figure out my strategy to rehab my first house. I think For my situation I could get a conventional mortgage and fund the down payment & rehab costs myself. But now I need to find a deal...
Michael Lerch
Assigning contract when buyer is using bank financing?
Is it possible?
I have an interested buyer for a property I have under contract, but he wants to use a bank to finance it. I'm assigning the contract for $3,000 with contract price at $14,000.
Does he just pay me th...
Chang Xiong
First flip - need help
How did you finance your first flip? How much reserves should I have saved up?Thanks.
Zach Adams
Need financing help for my new deal!
I'll be concise. Looking to buy a MFH in the $450k-$500k range in north San Diego. It will be owner-occupied. I have been W-2'd for 13 years, but the last 2 couple of months started consulting and am now a 1099 con...
George Hoover
Having Trouble with the 3rd R in the BRRRR Strategy? Me too
So I bought a 3/1 SFH in Sheffield Lake, OH (west of CLE) with a private hard-money secured loan titled in my LLC. The private lender is using money from his self-directed IRA. The terms of the loan are 12% and P&am...
Dan Engberson
Building a team in central florida
I’m looking to move from SFR investing into multifamily, specifically commercial multi family in central Florida. I know my strengths: deal finding, spotting potential, bringing people together. I also know my weaknes...