Hi,
I'm new to this group and am also new to real estate investing. I own a home (primary residence) in Southern California with a lot of equity, and am thinking of doing a cash-out refinance to invest in my first re...
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I just acquired a home from a sheriff sale auction and am having trouble financing it. I had a pre-qualification letter but my current bank won't finance the property because it's under $40,000 (apparently too low fo...
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What is your approach to raising funds for SFR development or rehab projects in today's environment? Is anyone having luck getting construction money or lines for this sort of thing? Are you going after SDIRA money?...
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My credit cards usually offer the opportunity to transfer balances or take cash advances with 0% APR for 12-18 months for a one-time fee of 1-3% depending on the current offer. How come I never hear of anyone using th...
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After reading books and finding info on syndication and communication with syndication attorneys whats next? Where do you look for investors to pitch deals too.
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This is a two part question, first what is the difference between a regular LOC and a business LOC? Second, could you get a line of credit on a rental or can you only get LOC if you live in the house?
Thanks
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Are there any banks that fund fix and flip properties?
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I'm under contract on a commercial deal. The purchase price is $5,300,000. It's pulling in over $1,000,000 a year in gross revenue. Numbers all look good for a conventional loan. The problem for me is the down payment...
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We bought for about $363k. Put down 80k on the house to avoid mortgage insurance.
We have now put about 50k into developing an apartment above garage as our "1st property" rental. The area is growing so I assume it ...
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Hey BP!! We have a property we have rehabbed and are considering renting and pulling out equity to pay back our private loan and fund a new deal. We talked to a credit union about obtaining a line of credit on the p...