Introduction
A home is more than just a shelter; it is a place where memories are created, dreams are nurtured, and lives are lived. It's only natural to desire a comfortable, functional, and aesthetically pleasing l...
Who here has successfully set a property improvement loan to close the same day they purchased a new home?
I’m going through a purchase right now, $152,000 for an up down duplex. I’m using a strategy I came across in one of Russ Whitney’s books. A home improvement loan.The IDEA is to buy a house, say $100,000.-$20,000 down...
I want to increase the value of my primary home by doing some much-needed repairs. My wife and I want to sell this home, then downsize or owner-occupy a multi-family, and have additional cash for investing. We curre...
Current Debt.1 SFH: rented - $200 positive cash flow after paying off mortgage2 Duplex: rent one and live in another: $200 positive cash flow afer paying off loan3. SFH: *currently rehabbing* - free and clear - ARV 70...
Is there a way that I can include a home improvement loan in the rental property calculator?
For example, the duplex we have has a 25 year mortgage at a 3.75% interest rate.
If we get a 12k home improvement loan at...
Had been working with IBC on getting a 2nd lien on my house for a garage conversion. Their 6mo seasoning period was extended to 12 months with lenders tightening up. Any recommendations on any lenders who have similar...
How likely is it to find a bank that would loan on a home improvement as a second lien holder and keep the interest rate under 6%. The first lien holder is another bank. This would be for a personal home not investme...
Hello, so i have questions about home improvement loans and the pros and cons about them. I bought my first home that was a fixer upper that my family and i currently live. The more i do the more projects seem to pop ...
Hey guys. I'm looking into a fix and flip situation with a fire damaged property. After I assess the costs of the restoration repairs and rehab, assuming it all checks out, where is the best source for funding? Should...