Miles Stanley
Can you have multiple home equity loans at once?
6 February 2020 | 4 replies
I have asked the lender I have the HELOC with if this is OK and she said yes, but I would need to close my HELOC bc I can't have more than one home equity product at a time.Is this the end-all-be-all or is it possible to have multiple?
Zachary Olley
FHA loan to start a BRRRR
14 February 2020 | 40 replies
There is a 5% down product conventional with no monthly MI that allows multi family acquistions for House Hacking purposes.
Saurabh Mehta
Would you rent to this tenant?
9 February 2020 | 16 replies
That would verify her identity, her previous addresses, her credit history, and may even help verify her monthly income.Personally, I would decline her in writing based on the lack of a validated Landlord reference and see if she even bothers coming back.
Stoney Pitzer
Using whole life dividend paying life insurance arbitrage
17 February 2020 | 8 replies
Where as the success of a dividend for a whole life company comes from one of three places: a) over charging clients on whole life policies b) outside investing c) more profitable insurance products I look for a company operating in area c. 3) A competitive borrowing interest rate.
Jonathan B.
Cash out - Help me make sense of this loan options
8 February 2020 | 7 replies
The product I preferred was the 5/1 ARM on 30 yr term with first 5 yrs IO.
Gerardo Gutierrez
Refi after a cash purchase best strategy
8 February 2020 | 11 replies
Don't be afraid to shop around to different banks to discover what loan products are out there.
Miguel Perez
What are you reading?!! Need recommendations CRE Multi Fam
8 February 2020 | 2 replies
Value add renovating units, curb appeal, washer dryers etc.Also focus on lowering expenses and utilities and no major capx renovations.Execute analyzation Of owner financials T12,T2T3, lease loss,Rent rolls, taxes, expenses, future irr, vendors Perform due diligence, loan product and title investigation.I’m putting together a booklet presentation with market analyst and Investment Property Example to show potential investors or simply fund my own deal.So much to write but I’m learning.Back to the books, blogs, podcasts, YouTube videos absorbing it all like sponge.Best of luck to all ✌🏽 in 2020 & years to come!
Marisa Alvarez
Clogged sink, my responsability or theirs ?
12 February 2020 | 24 replies
I also tell them to never use Drano type products.
Miguel Perez
Newbie Alert!! BP family whats the best advice you can share!
8 February 2020 | 1 reply
Value add renovating units, curb appeal, washer dryers etc.Also focus on lowering expenses and utilities and no major capx renovations.Execute analyzation Of owner financials T12,T2T3, lease loss,Rent rolls, taxes, expenses, future irr, vendors Perform due diligence, loan product and title investigation.I’m putting together a booklet presentation with market analyst and Investment Property Example to show potential investors or simply fund my own deal.So much to write but I’m learning.Back to the books, blogs, podcasts, YouTube videos absorbing it all like sponge.Best of luck to all ✌🏽 in 2020 & years to come!
Jinyu Shao
Home Loan for a Co-op in Queens, NY
12 February 2020 | 2 replies
The co-op will take into account the rental income but also the liabilities, they also don't want to see any unusual mortgage products.