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All Forum Posts by: Deborah Wodell

Deborah Wodell has started 31 posts and replied 196 times.

Post: 10% down for investment property

Deborah WodellPosted
  • Lender
  • Colorado Springs, CO
  • Posts 211
  • Votes 67

It depends on the full details. We'd need more info to determine if it can be done but 10% is possible. 

Post: Top 3 States for Fix & Flip Investments in 2025!

Deborah WodellPosted
  • Lender
  • Colorado Springs, CO
  • Posts 211
  • Votes 67

Top 3 States for Fix & Flip Investments in 2025! 🔨🏡

As real estate investors, identifying markets with high potential returns is crucial. Based on current trends, here are three states showing promise for fix-and-flip investments in 2025:

1. Florida

  • Key Market: Miami
  • Highlights: Miami's status as "Wall Street South" has attracted significant financial activity, making it a competitive rental market. The city's appeal continues to drive demand for renovated properties. nypost.com

2. Michigan

  • Key Market: Detroit
  • Highlights: Detroit's ongoing revitalization offers investors opportunities in emerging neighborhoods. Affordable property prices combined with urban development projects make it a hotspot for flips.

3. Ohio

  • Key Market: Cleveland
  • Highlights: Cleveland's steady job growth in sectors like healthcare and education contributes to a stable housing market. Investors can find affordable properties with potential for appreciation.

These states present diverse opportunities for investors seeking profitable fix-and-flip projects. However, it's essential to conduct thorough market research and due diligence before investing.

What states are you considering for your next investment? Share your thoughts and experiences!

Post: Rate and Term Refinance Commercial Mixed Used Property

Deborah WodellPosted
  • Lender
  • Colorado Springs, CO
  • Posts 211
  • Votes 67

I'd love to get you a quote for this. I sent you a message! 

Post: 100% financing does it exist?

Deborah WodellPosted
  • Lender
  • Colorado Springs, CO
  • Posts 211
  • Votes 67

Hi Michaela! For a new borrower, not one lender will give 100% on a new construction project. Just wanna set your expectations that most would require you at least to have 20-30%. We can take a look at it and get you some numbers if you'd like. 

Post: 100% Financing on Fix and Flips?

Deborah WodellPosted
  • Lender
  • Colorado Springs, CO
  • Posts 211
  • Votes 67

I have heard some lenders do it but not sure on how well it works. Unless its with a private lender or JV partner. Typical is the 90/100 and I have one that can do up to 95% on a flip.

Post: LendingOne Fix and Flip Loans vs Capital Ton

Deborah WodellPosted
  • Lender
  • Colorado Springs, CO
  • Posts 211
  • Votes 67

The appraisal will be done to determine if the numbers check out by the lender before giving a final term sheet for you. I have never worked with LendingOne or Capital Ton, usually use other lenders for fix & flips. I could get you a few quotes so you can have an idea of how it works. 

A mixed use for 150k is definitely tough to find but they are out there. I might have a few who would be able to do this. 

Post: How to Finance New Properties After Securing a Few?

Deborah WodellPosted
  • Lender
  • Colorado Springs, CO
  • Posts 211
  • Votes 67

Great question! Once you hit conventional loan limits, many investors turn to hard money or non-QM loans to keep scaling. Here’s how they can help:

Hard Money Loans – Ideal for fast closings, fix-and-flips, or properties that need rehab. These are asset-based, meaning lenders focus on the property’s value rather than your income. While rates are higher, they offer speed and flexibility.

DSCR (Non-QM) Loans – Perfect for rental properties. These loans qualify you based on the property’s rental income, not your personal debt-to-income ratio. They’re a go-to for investors with multiple properties.

Portfolio Loans – Some lenders offer blanket loans to cover multiple properties under one loan, making financing easier.

Seller Financing – If a seller is open to it, you can negotiate terms that work for both parties.

Hard money and non-QM loans do have higher rates than traditional bank loans, but they allow you to keep growing without being limited by big banks' property caps.

That sounds incredibly frustrating, and I’m sorry you had to go through that. Unfortunately, with larger lenders, the draw process can sometimes be rigid and slow due to their strict guidelines. It’s a common issue investors face, especially when dealing with big institutions that prioritize process over practicality.

Post: Hard Money Project

Deborah WodellPosted
  • Lender
  • Colorado Springs, CO
  • Posts 211
  • Votes 67

Yes, this type of deal can absolutely be funded with hard money. For a luxury property of this size, most hard money lenders will typically require 15-20% down on the purchase price, depending on the specifics of the deal and your experience. Since you’re using your own funds for the renovation, that can work in your favor, but some lenders may still be able to fund 90-100% of the rehab costs if you choose to leverage financing for that as well.

A few key things to keep in mind:
Loan-to-Value (LTV): Many lenders will go up to 70-75% of the after-repair value (ARV), so your projected resale value plays a big role.
Luxury Market Considerations: Some lenders may be more conservative with high-end properties, so having strong comps, a clear exit strategy, and a solid renovation plan will be important.
Interest Rates & Terms: Expect slightly higher rates than standard fix-and-flip loans, often in the 9-12% range with 12-18 month terms, depending on your experience and lender.