John Cameron
Using private capital for EMD on Multifamily property
Is it common for apartment syndicators to raise private capital or use Hard money to use towards EMD of a property? With EMD typically being around 1% of purchase price, your EMD along with other up front fees can be ...
Jack Yen
line of credit against multiple properties
Hi BP experts, I'm looking for ways to get a line of credit that could borrow against multiple properties. I have a small portfolio that has accumulated quite a bit equity by paying them down and appreciation over the...
Keith H.
Business Line of Credit Options
Hey Bigger Pockets! Need some advice on the next step with financing. I currently own 3 single family houses with a business partner. We're both 50/50 split in the venture. We purchased the first two with cash and ...
Costel A.
Self directed IRA and hard money
Since I don't have enough cash in hands I decided to use money from my 403(b) retirement fund. I created a self-directed IRA with a custodian company. I don't have too much into my 403(b) either, only $60,000, not eno...
Ramsey Howard
SDIRA Rental Income
Quick question, purchasing a long term rental through a sdira, how exactly does the rental income get back in the ira? Obviously I haven't set this up yet as I would probably know the answer, just thinking ahead.
Scott Young
Credit Card to Fund Renovations...lots of questions!
I’ve been doing a lot of research into financing methods as I’m about to finally start working towards my first deal. Purchase financing aside, I’ve seen a lot of differing information on using credit cards (personal...
Jordan Mummau
LOC Crushes Credit Score... Other Options?
BP Community,
Looking for some help on this topic. I'm currently winding down a flip that I have $100K+ into holding on a personal line. I just went under contract on a Duplex (Cash Buy) and scheduled to close by end...
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 ...
Zachary Gordon
Have a wholesaler with a deal looking for rehab/deal funding...
I have a wholesaler that approached me with a property that they have under contract and they are looking for funding to rehab and sale the property for retail. My question is I would like to find them the private mon...
Marc Bresseau
Best way to use equity
I have an investment property worth about 230k that I owe about 95k on. My question is what is the most cost efficient way to use the equity to put a down payment on a second investment property?