Dennis J Marsack
Large personal loan for first flip?
Hey guys, my Fiancé and I were discussing possibly taking out a large personal loan (from like prosper or even financial..) to fund a fix & flip deal.. what are your thoughts on this? Could it work to buy a forecl...
Account Closed
Financial Structure for Flips
Hello everyone. I am preparing for my first flip. I enjoy reading about individuals success on this site and plan on being an active member.
I haven't met with any banks yet but working on my financial model ...
Shelly Scruggs
HELOC
I applied for. HELOC on my primary residence and was approved. I have 3 days to rescind. I don't have a deal lined up but searching. Should I have waited to find a deal first before applying for HELOC?
Angel Dejesus
Heloc or Credit line whats the Difference when you have a multifamily
Hearing people say I have a credit line to pull money out incase i need it for a deal. Speaking to a banker just left me confused as she was tap dancing around the Question when i asked her to clarify. Am i looking to...
Sean Maloney
Other and best ways to use built up equity In properties that are free and clear
I have several free and clear properties. Besides HELOC or lines of credit are there any ways people are using built up equity to secure their deals? I have heard of a way to tie a property with equity to others to sa...
Mohi Naamani
Missing out on deals due to lack of funding
I'm a brand new REI. since 2016 I have attended numerous classes and seminars, heard hundreds of podcasts (specifically on BP) but never had the guts to make the move until about a month ago. I've managed to find a co...
Darren Nardo
Getting money for deal
Before I am able to fund a deal myself, what should come first?
Let’s say I found a great deal but don’t have the money to fund it myself. Would it be recommended to have lenders/loans lined up first? Before taking a...
Andrew Emery
Failed sewer scope, should we walk?
Hi folks, we are into our second potential deal that might blow up.My question is should we walk away from this deal? We have had the sewer scoped twice and found an offset both times, and we are asking the seller to ...
Mike Koscielak
What to do with money while saving for a downpayment?
I'm brand new to this forum and I'm amazed at how supportive this community is of one another. I'm about 100 podcasts in on both Bigger Pockets podcasts and the How to Money podcast combined, plowed my way through the...
Michael C.
Do appraisers check the lot line for the subject property
Hi all,We are in contract for a property and just discovered part of the house may sit on a separate lot owned by another party. Property is located in Gatlinburg, TN. We just checked the county website and discovered...