I own my house out right, which I'm opening a HELOC to finance the purchase of my first rental property.I know I need to close the HELOC before the end of 6 months, I have a .99% agreement for first 6 months. My quest...
Can someone please explain to me what exactly is a conventional loan?
Hello everyone! My name is Johanna Fonseca and my company does hard money lending in Florida. I have been a member of Biggerpockets for a while now but am just now starting to participate in the forums. Can't wait to ...
Hello Everyone,Been away from BiggerPockets awhile. I live in Las Vegas and am looking at getting a home next year, sooner the better, to finally have my first rental. I'd like to get a multifamily and use an FHA (pro...
Does anyone have any advice from experience of using a private lender/OPM as their down payment for a bridge loan with a HML?I'm still in the process of using my own funds, but am trying to plan and strategize and to ...
While I am saving for my next property, how can I put my money to work? If a Down payment is 10k it will take me about 10 months to refill and buy another, how can I put my money to work to speed that up? Also are the...
Hello,I am considering buying a duplex in or near Atlanta, GA. I'd like to move I to one side and rent the other. Does anyone have recommendations for a hard money lender that does longer terms for rentals, with compe...
Hi guys! I'm new to real estate investing - just bought a condo the old fashion way and then stumbled upon BP; now realizing that I want to get into using brrrr. I live in Surrey BC, but I'm looking to invest in eithe...
My husband and I are nearly finished with our fourth rehab/fix and flip. We've used a combo of our capital, investors (family) and hard money loans. I'm looking into lines of credit to avoid origination fees, higher i...
HI
I have numbers to analyze, my property is value in $205,000, I already paid it off and rent it for $1400.
I want to cash out to do a new investment or BRRRR and I got this lender who offers me this for 30 years:...