Mary Eubanks
POF for Potential Wholesale Transactions
Where can I obtain a POF to submit to a buyer if asked?
Geoff Nielson
Cash-out Refi vs HELOC
Last November, I purchased a rental property. The house sits on 2 city lots. I am very interested in building a new home as a rental on the empty second lot. I've got a builder lined up and now I'm just working thr...
Dan Wynn
I Took The Leap, Seeking Guidence
Hey BP friends,I took finally took the leap a few weeks ago and purchased 2 SFRs, i used a personal loan to finance them both.House 1: Is a 4/2 1600sqft. Needs 19k to rehab. Will take 8 weeks to rehab. ARV based on re...
Tripp Smith
Greensboro (Triad) Lenders and Real Estate Agents
Greetings!Quick question about “cash out” refinancing on properties that already have a mortgage. I submitted an offer on a BRRRR opportunity in Greensboro this afternoon only to realize afterwards that my lender woul...
Desmond Brinkley
Are there any HML who fund the whole project ?
I’ve analyzed a few deals, and believe I may founded a good one, but afraid to make offer cause I don’t know where the funding is coming from. My credit is shot, temporarily, and no money saved so I would need some he...
Greg R.
HELOC for downpayment - means 100% financing - too expensive?
Hi all,
Wrestling with making sense of HELOC as viable option for financing..Current strategy would be to buy and hold cash flow + rentals. I have been planning to use HELOC to fund down payment, then mortgage to co...
Philip Bashaw
up to $25,000,000 to invest
Through networking and seeking lower cost funding, I am meeting with a multi-millionaire with no real estate experience other than buying his own personal homes. I am not nervous about meeting with him, but at the sam...
Sean Tharp
Looking to get started
Hello,My name is Sean and I am looking for some opinions. I am set on becoming a real estate investor, but I don't have much capital. What I do have is some equity in my primary residence. If I am planning on moving w...
Michael Johnson
Looking to better understand the requirements to manage HOA's
Hello, we manage approximately 300 residential/multi-family/commercial properties in the Greater Charlottesville Area as well as real state in the New River Valley. We have considered expanding into the HOA space, how...
Jose Vernaza
DSCR to buy and renovate
Hello group,I am really green to Real estate and mostly interested in single family section 8 rentals. My question is the following. Can I obtain a DSCR loan to cover the purchase and renovation of a property? The ...