Our situation: My wife and I have a 4bed 3bath house in the RGV with a pool and 2.5% interest rate. We have about 230k of equity in the house. But we likely will be moving in a year to San Antonio or Austin. We want t...
Hi all,I have 3 rental units and trying to get the 4th. We are looking to do HELOC on our main home and use that for it. My loans are in my personal name, but I recently transferred the deeds to my LLC. Since the loan...
I pulled this statement off of this forum: "Also, a little known fact, is the lender could actually report to the credit bureau's as the loan being paid for less or settled for less. If a lender reports the loan on yo...
In order to build wealth and make money work hard for me,I am thinking about how to use the equity I build.After I purchase the property,if the refinance LTV ratio is 70%,the value of property should increase about 40...
Main question: how do HELOCs affect your dti and how much does it change how much a lender will allow you to borrow?Fairly new investor here, working on first purchase of a property to use as STR, and hoping I didn’t ...
Hello I have 9 rentals and 1 personal home loan. We have had these a long time and they are all due to be paid off in 9 years. My goal is to get them out of either my or my husbands name so that person could qualify f...
I'm a new homeowner, the description of which is in the investment section of my profile. Basically a duplex/hack from a family member, I'll be here for a while to take care of my grandmother but eventually will be lo...
I have bad credit right now, I’m recently recovered from Alcoholism and starting to get my life back on track. How important is building a good relationship with my bank? Will they offer me a loan after having multipl...
Hey BP Nation! I hope y’all are having luck in your endeavors! I have a question for all of you! I’m 19 years old. I want to start investing using the BRRRR Strategy. Mainly any markets with good cash flow. I have no ...
Hi Everyone,
My name is Mbei Enoh and I am new to this forum. My group specializes in bridge lending to owners with distressed/underwater commercial properties or facing commercial foreclosure, and we can help them s...