Would it be wise for an investor (me) to look at selling off partial ownership in a building to either eliminate (commercial loan) debt or use toward purchase of a new property. I'm in the process of a 4unit purchase ...

Hey BP!I recently purchased a property with cash, already having a buyer in place. Due to the title company we used, I couldn't do a double closing, but had to wait two weeks. I also offered owner financing to this bu...

Hello everyone,

My wife and I recently purchased a couple properties and were hoping to brrrr them. However, the couple of banks we tried said that they won’t refinance at the new value before 6 months. I could get m...

So, I'm new to the whole REI world, and just put my first property under contract. I'm self employed and have had a successful business for at least 10 years. Underwriting has been running me in circles over this. The...

I sold a small parcel of land in California back in 2017 and seller financed $48k of the purchase price. The buyer was paying the loan regularly until mid-2020 when he stopped completely. There's only about $12k left ...

Hey everyone,My current refinance company for all my BRRRR’s has always provided 80% LTV with a 3 month seasoning period on a 30 year cash out refinance.In light of recent events, they’ve dropped the LTV down to a max...

A small bank may be more personal but they have limited capital. Pros and Cons

Anybody been doing or seeing any second mortgages for rental properties in TX to pull cash out but to maintain the original note structure? About 10 of my properties are in 4.5% 30 yr notes with a ton of equity to pul...

I have 12 buildings consisting of 49 units (SFH's all the way up to an 11 unit). 3 are free and clear, the rest are ARMS of different types. (i.e. 3/3's, 5/5's, 7/1's etcl) all 20 year / 25% down / 5% neighhborhood. ...

I was just told by my lender tha LLPA’s are charged with investment conventional loans. Can someone explain exactly what those are and how to avoid them? I have never heard of this.