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All Forum Posts by: Robert Proctor

Robert Proctor has started 3 posts and replied 6 times.

Post: Financing a Rehab for Rental

Robert ProctorPosted
  • Lufkin, Tx
  • Posts 6
  • Votes 2

I’m looking for advice on rehab financing. I own a single family home a purchaced with my own money, but now I need funds to do the rehab. I want to do a refinance type loan after rehab so I can purchase another property.  I currently reside in another home that I do have a mortgage, but own the property of subject outright. I have a little saved to get started, but I would like to be able to complete the project quickly and get a renter. Any suggestions?

Post: My first BRRRR finance help!

Robert ProctorPosted
  • Lufkin, Tx
  • Posts 6
  • Votes 2
I have my first investment property. I own it with no lean, but I want advice on financing the rehab. I’m thinking of getting a Cash Out loan. I purchased my primary home 3 years ago and don’t want to move. I do have some equity in my primary residence since we did some major upgrades when we bought it. Just looking for your thoughts. I’m going to do most of the interior work. THANKS!🤓

Post: Newbie in Lufkin, Tx. Fix-&-Flip/Lease

Robert ProctorPosted
  • Lufkin, Tx
  • Posts 6
  • Votes 2
Hello guys, great to see someone local on BP. I will be contacting you very soon. Thanks in advance.

Post: >>>> PROFILE PICS PLEASE! <<<<

Robert ProctorPosted
  • Lufkin, Tx
  • Posts 6
  • Votes 2

Tried from my phone, but then decided to use the PC and Got R Done! Thanks Guys!

Post: >>>> PROFILE PICS PLEASE! <<<<

Robert ProctorPosted
  • Lufkin, Tx
  • Posts 6
  • Votes 2
How do I upload pic with App?

Post: Newbie in Lufkin, Tx. Fix-&-Flip/Lease

Robert ProctorPosted
  • Lufkin, Tx
  • Posts 6
  • Votes 2

Hello, I’m a Nurse in Texas. Me and my wife purchased a property from a relative that we want to rehab for our first rental. Would like to use this to get started real estate investing. We have no debt on this property, but need advice on the best way to finance the rehab and also tips on contractors, materials, contracts etc..... Happy to be a part of the BP community.