Hello, I'm in the process of securing property in the U.S. as a Canadian investor. A private lender named Direct Commercial Funding Inc. has presented us with favorable loan terms, however, they include a substantial...
Hello newbie investor trying to reach financial freedom. Bought my house with the FHA program. Fixed it up from 148k to 220k value. My plan is to do a cash out refi, possibly take 65k to invest in properties out of st...
Ideas to Get around the 6 Month Seasoning Period most Banks require?? It is slowing down my BRRRR process. Most the banks/credit unions I have talked to require 6 months.
Listened to Podcast again 233 last week, with Arianne Lemire. I am interested to learn more about this strategy. Can someone explain to me in greater detail how this works? What are the requirements? Can it be done ...
What interest rates are you getting from your current lender and what type of property?
I checked into my local credit union on how the HELOC rates were going and they are now offering (on owner occupied) 100% LTV at 5.25% which is up from 90% a year ago... the 80%LTV is at 3.25%.Is anyone using these cr...
I'm in the market to expand my real estate portfolio to 3 SFH or a 2-3 bedroom duplex. I want to use the BRRR method to expand. I've researched quite a bit and decided on the HELOC route. Here is the caveat, I recentl...
Hello. I just purchased 3 properties from a wholesaler and looking to do a cash out refinance. Does anyone know of any lenders that will go off LTV after just 3 months from purchase? Rather than the full 6 months.
Picked up this house in Redford Mi on a bankruptcy deal for $58k. Redford is 15 min west of Detroit. Decent area where homes sell for ARV of around 80-150k depending on size/location. Redford is in the Livonia/Westlan...
Hi BP group,I am interested in seller-financed deals, and I have two questions you might be able to help with:1) Is it possible to refinance a seller-financed property through a bank or other traditional lenders?2) Wh...