Read our previous blog and next Blog post on this real estate investor’s questions 1, 2, 4, and 5 (include link to last and next blog post). Question 3) Am I better off obtaining a Conventional loan from the beginning or is it best to get a Private Money Loan first and then convert it to a Conventional loan once the property renovations are complete and the property is leased? Let’s look at the numbers and determine our answer, specifically the amount of money you bring to closing and the
Real Estate Investing
Investor FAQ: Your Comprehensive Guide to Investment Loans
Investor FAQ Paul Lamnatos Question: Should I buy this particular investment property with Private Money financing and then refinance to a Conventional loan or obtain a Conventional loan from the beginning? What is my best option? I am interested in a particular investment property and am thinking of using Conventional financing rather than buying it with cash or a Private Money loan. The property is in good shape with the exception of the floors that need to be replaced and the
Cash Out Refinancing for Investors: Your Guide
We know as investors, you probably have a lot of questions. That’s why the Blink team is here to help, bringing decades of experience to the table to help answer your most burning questions. Like this one below: Investor Question: We just finished rehabbing our 1st investment property and we’re considering cashing out the equity we’ve built up. Is this something we can do and if so, how much money can we borrow? Lender Answer: Congratulations on completing your
