Anthony King
Is it ALWAYS best to put least amount down?
What is the best way to compare mortgage options if the down payment and interest rate are dissimilar? I know a lot of people say to put the least amount of your own money into the deal as possible, but that can't alw...
Andres Lucero
What is your experience as an investor, what are the real cost?
Hello,My name is Andy I’m 28. My goal is to hold and rent out
I am having a hard time finding a mentor or anyone who flips, holds investment properties etc. It seems to be a very niche group. I moved to NYC from SF ...
Erin Ehrich
Private $ from parents
I am exploring buying a rental property with a private loan from my parents. They have a chunk of money from the sale of a business and need to invest it, but don't like the stock market and don't want to be landlord...
Kyle Spearin
Borrowing Money
How much time are you given before being required to pay it back if you work with a money lender?
Joseph Dasmerces
Using construction loan or traditional financing
Hey everyone quick question looking forward to everyones feedback, We have 150k, We are actively searching for a deal to add value too and flip. We have a great relationships with our local bank and wanted to know wou...
Mark Enis
2 mortgages/loans on a primary residence (Texas)
Hi,A mortgage broker I was connected with through a realtor is telling me that I can't do a 1st position mortgage with an additional 2nd position private loan on a primary residence. Is this true? I'm wanting to put ...
Steve LeBlanc
Portfolio Loan interest....is it deductible?
I'm in the process of combining 5 of my investment properties (currently individually mortgaged) into a portfolio loan. Is the interest paid on this new portfolio loan deductible just the same as the mortgage interes...
Kyle Neff
Potential 1st Commercial Property - Need Creative Financing Ideas
We recently received a quote for a commercial property buy. I am looking to gather a few more quotes from local lenders. There are two tricky areas with this building and the buy:1) It is owned by the company operatin...
Arthur Garcia
HELOC or Cash Out Refi: opinions?
Hey BP,
Here is my situation, I own a F/C property - value 55-605
I just found a local bank that will give me a HELOC at 4.5% for 10 years at 70% LTV. Another option is to get a portfolio loan with them at 6% for ...
David Shultz
First Buy and Hold
A family member approached my brother and I, and offered us cash as an interest only loan with the idea that we would invest in real estate. We pay 5% interest on the loan. We took her up on the offer, started an LLC....