Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

57
Posts
11
Votes
Ahshar Sylvestre
  • Real Estate Investor
  • Deltona, FL
11
Votes |
57
Posts

100% Financing no income

Ahshar Sylvestre
  • Real Estate Investor
  • Deltona, FL
Posted

Has anyone ever started out with any strategy on credit only? This is not part of my plan but has it worked for you? I know cash flow is the most important thing when 100% financed. What are some other numbers I need to keep track of to make sure an investor doesnt go under? 

Most Popular Reply

User Stats

70
Posts
37
Votes
Todd Fox
  • Real Estate Developer
  • Ithaca, NY
37
Votes |
70
Posts
Todd Fox
  • Real Estate Developer
  • Ithaca, NY
Replied

I think it's important to know your exit strategy before you get involved with the project. For example, if you're planning on keeping the property, you can refinance it with a bank and repay the line of credit once construction is complete. It would be prudent to speak with local banks to make sure you can accomplish your goals before you get locked into the property

Loading replies...