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All Forum Posts by: Jesse Smith

Jesse Smith has started 2 posts and replied 5 times.

Rehabbing & House Flipping

Post: Brrrr method finance

Jesse SmithPosted
  • Rental Property Investor
  • New Orleans, LA
  • Posts 5
  • Votes 2

I’m looking to secure my first brrrr deal soon. I have a line of credit to use for dp and rehab. I’m curious how to get financed. I have everything in place to fix it and put it up for rent. Any private lenders out there?

0 Votes
Buying & Selling Real Estate

Post: If you had access to a $900k HELOC, what would you do with it?

Jesse SmithPosted
  • Rental Property Investor
  • New Orleans, LA
  • Posts 5
  • Votes 2

@Alvin Uy I would put it into a multifamily deal

2 Votes
Wholesaling

Post: I would like to purchase a home from my mother in law

Jesse SmithPosted
  • Rental Property Investor
  • New Orleans, LA
  • Posts 5
  • Votes 2

@Jaysen Medhurst also was wondering how to go about getting it done w/o a RE Agent as well.

0 Votes
Wholesaling

Post: I would like to purchase a home from my mother in law

Jesse SmithPosted
  • Rental Property Investor
  • New Orleans, LA
  • Posts 5
  • Votes 2

@Jaysen Medhurst thanks. She is co inheritor with her brother they are currently in succession. They want cash up front so owner financing is out. I guess I will have to come up with the dp. It’s going to appraise for $30-40k more than I purchase it for as is. Great location on 2 lots.

0 Votes
Wholesaling

Post: I would like to purchase a home from my mother in law

Jesse SmithPosted
  • Rental Property Investor
  • New Orleans, LA
  • Posts 5
  • Votes 2

My mother in law recently inherited her mother’s home, I am looking to purchase the home and turn it into a residential assisted living facility. Is there any way I could purchase the home without putting my own money up, besides private lenders?

0 Votes