Jennifer Edwards
How did you finance your first flip?
I’m a new investor in NW Houston and I’m looking to purchase my first flip in the next 90 days. I’m trying to weigh the pros and cons of different financing options. House hacking isn’t an option for me and I think I ...
Kyle Gregg
what is the true definition of "Sweat Equity" with a 203k loan?
Ive done research regarding the 203k loan and all ive read is that "the 203k loan prohibits sweat equity"...what are the limits to whats considered "sweat equity"? Research states that if i want to put in some sweat e...
Nick Loref
Accessing my home's equity for a flip
Hi All, I'm new to this forum and very interested in doing some local foreclosure flips. I currently own a home which i just closed on a refi after living here 5 years, valued at 550k in which i have about 120k in equ...
David Honeycutt
Refinancing primary residence
Hey guys, my girlfriend and I purchased our home almost a year and a half ago we went with FHA loan so we have very little equity in the house. About a week ago we received a letter in the mail from Sun West Mortgage ...
Cody Harris
Finding Wholesale Deals
Hey everyone my team has done some flips as we have construction background. We are looking to find deals on our own and wholesale properties as well. What are some successful ways to find wholesale deals? I've heard ...
Kyshawn King
Stuck In Limbo how do i get out of it
I’m a new investor currently wholesaling i haven’t made my first deal yet , but i feel stuck like I’m grasping for straws and it’s becoming overwhelming I’m not gonna quit but it’s like what is going on , i have enoug...
James S.
Construction loan/investment friendly lenders
How difficult would it be to get an invester friendly construction loan to build on a property where I live and have mortgage. I purchased a home three months ago that came with 3 households and plenty of land to buil...
Adam Craig
Alternative to HELOC on investment property?
After calling 33 small banks I have come to the realization I am not going to get a HELOC on a rental property in the second position. I know Huntington/Penfed/Navyfed/TDbank will do them but due to various reasons in...
Jim Goebel
Using a HELOC; impact on Credit Score ? Bummer
We use MINT.com, which is nice.According to MINT, what is largely dragging our credit score down (it's a 758) is credit utilization.That's a few credit cards here and there but predominantly our HELOC is 60% utilized ...
Gilbert Ross Jr
First House Flip
I am a licensed realtor and recent investor. I am working on my first flip and I need help. I don't have the credit score to get the money from a bank but I have a solid deal. I don't have cash to put upfront at this ...