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Hello everyone!This is my first post and although I am young, I am not a newbie to real estate. After looking into all forms of investment, I currently have decided to pursue a house flip in South Florida. I have 50k ...
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Good Evening BP, I'm breaking into the BRRRR/Flip game. I've done lots of buy and hold (basically turnkey) investing in the past, but this will be my first rehab project. I'm in search of TEXAS BASED, preferably DFW...
Is it possible to find a DSCR interest only loan at 80% ltv for a cash out refinance? I am on Ohio and just wrapped up a duplex that is free and clear. Thanks in advance for your help!!!
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I'm currently marketing to probate and have come across a lead that has a mortgage that is close to what the property is worth. The only question I asked was about the total of the remaining mortgage and was going...
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All,I’ve called several banks in Texas already but they have all seem to not give home equity lines of credit on a investment property. Only on owner occupied places. Should I keep calling around or is that something ...
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Hello BP,
I need some advice on what is the worst investment I've ever made.
Overview:
- Purchased a condo in 2022 for $270k, with a 3% down payment. Currently owe $255k.- Mortgage rate is 6.125%.- Lived in it for ...
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Curious to hear people's thoughts on recourse versus non recourse loans on apartment buildings. Pros/cons, etc. I have a great quote from First Republic but it is recourse. I can't decide if I really care. Only doing ...
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Up until this point we've used our own money for deals and financing. We were recently approved for a 80%LTV loan on a triplex that we are buying. If we want to use private funds for the other 20%, does this have to b...
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So, I have a rental property that has a ton of equity but no one will allow me to take a HELOC or Home Equity Loan because it is not my primary residence. I live in Tampa, Florida and the property is in Suffolk County...
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Has anyone ever done this.. Need advice. We are trying to help a homeowner that has a flooded home and wanting to walk away but kill his credit and be foreclosed on.1 Seller Finance 2. Owner Holds the note3. I would ...