I own a property in Leander, TX 78641, currently worth approximately $365K. The current lease runs through August 31, 2027, with base rent of $2,200/month plus a $25 animal fee. The loan is current. I’m flexible on what I receive from the property depending on the overall structure. My main prior...
Investor newbie here, but not new to crowdsourcing or running my own business. I'm looking for creative ways to leverage my skills in social media, crowdfunding, and narrative storytelling to build up an audience for my flip before I ever start renovation. I don't even have a property right now, ...
Lenders seem to be tightening DSCR requirements lately. Anyone seeing real differences in refinance terms between a 1.0x and a 1.25x+ deal in this rate environment?
I keep seeing a particular problem with otherwise viable real estate deals, and I'm interested in how other investors are solving it. The property has substantial equity, sometimes hundreds of thousands of dollars, but the owner can't access it. The bank says no. DSCR doesn't work. A hard-money l...
Hi, my name is Rose. I’m working on a BRRRR deal and want to sanity-check the financing structure before I move forward. I found a property with a purchase price of $50,000, with the seller offering owner financing: $6,000 down, 12% interest, 2 points, 10-year amortization. The property needs reh...
Hello everyone, I have been doing some research into creative financing and specifically partnerships. I think they are one of a few options that really make sense for me and my goals. If you have had experience either on the capital side or management side of one of these deals and are willing t...
One of the advantages of knowing financing is that I can often take a deal that doesn’t work and find another way to structure it. That’s also one of the dangers. The original financing doesn’t work. Fine. Change the leverage. Bring in more equity. Extend the term. Find different money. Change th...
I’m looking for advice from experienced investors, lenders, and anyone who has handled a similar situation in Florida. What would you do if you were in my position? My father is currently on the deed to my primary residence in Pinellas County. I’ve lived here for more than 10 years and make the p...
Do you typically arrange financing: A) Before searching for properties? B) Once you find a potential deal? C) After getting under contract? D) Somewhere in between? I'm curious how investors balance having financing ready with not wanting to over-prepare for a deal that may never happen.
Hey BP, Looking for input from anyone who's actually structured this, not just theorized about it. The situation: I have a Denver condo/loft with an existing conventional mortgage (UWM, originated 2020, 2.875% rate, ~$420k original balance). I'm considering seller financing this property to a buy...
Subject-to gets pitched as simple — take over payments on the existing loan — but the deals that go sideways almost always trace back to skipping the same step: actually verifying the loan. That means confirming the real payoff balance, the payment history (is it even current?), the interest rate...
What have peoples experiences been with creative financing? What has worked well? What has not worked well? What advice do you have to someone considering creative financing?
One thing I’ve noticed working in business funding is that revenue alone doesn’t always make a business bankable. A business owner can have solid income and still run into issues because of: • Personal credit profile • High personal credit utilization • How the LLC is structured • Business age • ...
Hey BiggerPockets Community! I've been actively wholesaling and analyzing off-market deals in the Greater Cleveland area, and I'm currently working on executing a Creative Finance (Seller Financing) deal on a single-family property in Cleveland, OH (44110). Quick intro about myself: I operate as ...
Opportunity Zone Investment and Funding Opportunities
Hey All, I am dead set on making real estate investing my future. My goal is to have my first property within 90 days. However, I am really having trouble understanding the acquisition and complexities around financing my project(s). Is it as hard as I am making it out to be in my head? I have he...
Hi y’all, I’m a Houston resident currently flipping a property out in Oklahoma. I’m looking to use credit card stacking to cover my rehab costs and avoid paying interest. There are plenty of business credit cards with a 0% introductory APR for the first year, but that rate typically only applies ...
Curious how many local investors here are actively looking for creative-finance opportunities, especially buy-and-hold investors. Would love to connect with more people investing in the Melbourne/Brevard area.
Hi everyone! I’m Kristen . Excited to be part of this group and learn from everyone here — and always happy to connect if you’ve got a house to sell off-market or a deal that could use some creative financing.
Seeing more sellers open to carrying paper as rates stay sticky, but term sheets vary wildly - some want 8-10% with a 3-year balloon, others are fine at 6% amortized over 20. Curious what terms investors here are actually closing with in today's market, and how you're structuring the down payment...
Looking for creative finance advice on a distressed FHA situation I’m looking for input from investors experienced with subject-to, seller financing, or other creative finance strategies. I’m reviewing a situation where the homeowner is in a difficult position: Mortgage balance/payoff is approxim...
We own a rental property in Austin, Texas currently valued at about $1.3M. We purchased it in 2001 as our primary residence for $1.2M, using $600,000 cash and financing the rest since we didn’t qualify for a jumbo loan at the time. Our interest rate is roughly 2.8%. We’ve since relocated and have...
Hey everyone, When it comes to creative financing, most conversations lean toward seller financing or sub-to for residential. But we've been applying unique capital structures to our commercial vacant land and light industrial (IOS) pipeline in DFW, and the dynamics are fascinating. Backed by loc...
I'd appreciate input from investors who have actually purchased completed flips using a combination of institutional/investor financing and seller carry. I have a fully renovated, turnkey 3/2 in Colorado Springs, 1,347 SF. The renovation and major systems are complete, but the retail listing has ...
Has anyone used the lender OfferMarket for a DSCR loan and have any feedback about them to share? Thank you