Cole Baker
NEW INVESTOR: Wall Paper Removal
21 July 2021 | 2 replies
If wallpaper was applied directly to unfinished sheet rock/drywall it may be cheaper to cut out the drywall and replace it.
Ryan Keenan
How can I get approved for a heloc owning 6 rental properties??
22 July 2021 | 2 replies
I first applied to wells fargo when I only had two properties and they gave me a nice 50k loc now that they are closing, I'm afraid I keep getting denied.
Nathan Toothaker
Move forward with HELOC if less than %80 LTV?
27 July 2021 | 3 replies
When I first applied I estimated my home value at 390k which would give me a line of credit of 62k at an 80% loan to value ratio. (390k x 0.8 - mortgage balance)The appraisal came back at 420k which great news however when I requested that the limit be moved up to 80% LTV of the appraisal amount (86k) I was told that the loan commitment had already expired so in order to get up to 86k it would need to be a new application and also I would not get the promotional interest rate of 1.99% for the first year.
Brandon Jump
Newbie: [Calc Review] Help me analyze this deal
20 July 2021 | 0 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello All,I am a newbie trying to learn more about the BRRRR method and applying the principles towards a real project.
John C.
Finding a piggyback mortgage for a MF property?
21 July 2021 | 4 replies
If you have the FICO you could apply for a HELOC after you close, but it will be full doc.
Mike S.
Mortgage Rate Question
23 July 2021 | 7 replies
Yea, you shop around….a preapproval doesn’t guarantee you a rate anyway as they don’t know when you’ll actually Apply for a loan.
Account Closed
Financing a Rehab - would love some advice!
22 July 2021 | 1 reply
I am financing a rehab on a new quadplex, and wondering the best Credit Card to get/apply for with no APR for 6-18 months and pretty lenient with credit limits.
Michael Dickey
NEW INVESTOR HOUSE FLIPPING QUESTION
26 July 2021 | 6 replies
Make sure you develop a fair criteria you apply across the board.
Jonathan Nguyen
Tenant who signed the lease isn't living in the apartment?
4 August 2021 | 13 replies
Shefali--Even if I have documentation for the official Termination of the lease from the lady who is the original person who applied and signed the lease.
Weng L.
How to file tax return if single-member LLC has EIN?
3 August 2021 | 3 replies
I searched in BP and folks here said single member LLC can elect to have EIN too.The thing is I am applying for a mortgage under LLC and lender requires EIN in order to not report the loan to my SSN.