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First post here. Have been learning a lot from your questions and answers. I am purchasing a property meant to be short term rental. On the loan estimate it mentions Owner’s title policy as optional. Should I purchase...
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I’m curious if any investors on here have used cash value life insurance to buy real estate? My Grandfather taught me when I was young how he used his cash value to buy assets and earn a return on his money while it’s...
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Long story short, my my grandfather's heath is on the decline, so my parents are agents over his estate. My parents have been sorting through everything over the past six months and my father just realized that since ...
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Hello BP,I am in the process of refinancing my duplex for a lower rate of 3.875% using the FHA streamline program. A company called Credence Funding in Maryland informed me about the program. Some of the benefit were ...
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Can you use private lenders for rental use or is that only for flipping?
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How long do you wait to refinance?Recently purchased a fixer upper for $20K - 60 days later it’s now rehabbed and rented out at $700 a month Would you refinance now or wait a few more months?Also would you refinance i...
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Hello everyone,
I am planning to buy a couple of properties in AZ. Currently I own 2 properties in Manhattan - I live in one and rent the other. My questions are:
* Should I form a LLC for the new investments. The mo...
Hey Everybody. My name is Luke and I'm starting to get my feet wet in the real estate market here in Charleston, SC. I currently have 3 properties (2 of which are rentals). I took a HELOC out on my current primary res...
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Hello BP, Just wanted to start off by saying thank you for the help with this issue. I have a rental in Austin TX that I owe 58k on, it's worth $200k and I'm not wanting to take out any cash in the deal. Just looking ...
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Is it prudent for a private investor to lend mortgage funds to an owner occupied borrower?