Nathan S.
Equity Line of Credit for Personal Emergencies
Hi BP world, if my wife and I are diligently saving around 1/2 of our paycheck for 20% down SFH deals (total of seven is the goal- two down, five to go), we may find ourselves low on personal reserves from time to tim...
Simon Bloch
Refinance of duplex stalling
I am trying to refinance $970K for a duplex in Santa Clara county (Fannie/Freddie loan limits are $980,325 for two-unit properties) through a mortgage broker. The loan got approved and appraisal done a month ago on 2/...
Kenny Nevarez
2nd Property, Learning opportunity
Investment Info:
Single-family residence buy & hold investment in Fairview.
Purchase price: $270,000
Cash invested: $60,000
2nds property is a fixer upper which will require new flooring, paint, ...
Sawyer Dina
Proof of Concept Down...Now How Do I Scale Up?
Hi there, my name is Sawyer! I've been involved in the real estate world for over 4 years now and have learned several faucets of the industry. I started out working business development for Marcus & Millichap (he...
Peter W.
Tax Implications; Cash Flow or Amortization
I've never invested in investment rental properties and I have a question. I am buying a small multifamily unit for $1.535mm and will put down 30% and borrow 70%.If I finance purchase with a 15yr fixed my monthly pay...
Josh Belgard
HELOC AIO All In One
Seeking a bank that offers a prImary resIdence HELOC (All In One). We use PLOCs for our rentals and they work very well. We don’t want a fully amortized loan but a simple interest HELOC. Any bank leads are welcome. W...
Lisa L.
Should I use HELOC now?
I’m under contract with an off-market deal which will close in 2 weeks. The price is $230K and it’s a cash purchase. After purchase rehab cost is about $15K.I have enough cash in savings or I can use a HELOC to purcha...
Jason H.
Highest LTV on a HELOC?
I own a rental property and my primary residence, I am trying to obtain funds for 20% down on a fix and flip (3rd property). I recently went to KEY Bank to apply for a HELOC. I was told max LTV Key does is 60% on inv...
Jonathan L.
Using lines of credit for property puchase
Recently, I have decided to try and fund my next property using the line of credit. I have $80k in LOC the interest rate is 9%. I would like to take out a mortgage on the property six months after purchasing it. ...
Jim Chung
self- directed IRA vs solo IRA
im curious what is the difference between these 2 IRA in regarding property investment under IRA rule?here are many custodian who would open the account for you. the problem i know is the fee/ mainteance charge fro...