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All Forum Posts by: Andrew Holmer

Andrew Holmer has started 2 posts and replied 4 times.

Post: Bank loans for Fix and Flips?

Andrew HolmerPosted
  • Sidney, IL
  • Posts 4
  • Votes 2

Thank you all for your input. I live in a very rural area and there are a lot of local banks. I'll have to give them a call and see what they got.

Thanks,

Post: Bank loans for Fix and Flips?

Andrew HolmerPosted
  • Sidney, IL
  • Posts 4
  • Votes 2

Hello BP,

I am new to investing but am learning as much as I can through reading, BP, and the pod casts. My question is for financing a fix and flip. I am looking looking to invest in a single family home and was wondering if anyone knows if any banks do loans for renovation projects if you have the 20% to put down.

Thanks,

Andrew

Post: First timer from Champaign Illinois

Andrew HolmerPosted
  • Sidney, IL
  • Posts 4
  • Votes 2

Thanks everyone for the warm welcome.

@John Van Uytven I am still in the learning phase but I think I am interested in single family, entry level houses for now.

Thanks for the tips.

Post: First timer from Champaign Illinois

Andrew HolmerPosted
  • Sidney, IL
  • Posts 4
  • Votes 2

Hello BP community,

My name is Andrew from Champaign Illinois and I am brand new to BP and investing and wanted to say hi. I have a full time job as an Mechanical Engineer but wanted to look into real estate investing  and learn more about it. I am in the learning phase and trying to become more familiar with real estate and so I have been reading a few books and have gone back and started listening to all of the pod casts. I am up to episode 25 and am absolutely hooked! I hope to make some new friends and learn a lot on these blogs.

Have a great day.

Andrew