Ryan Bowling
Question about bringing on a partner or investors
First time, long time... Thank you all for your help in these forums, I have learned a lot.I would like to list out my particular situation and see if anyone has any advice.My wife and I currently have a single family...
Kevin Savage
Finance After Paying Cash
Hello,My house is paid off, so my strategy is to place cash bids via a HELOC in order to obtain great deals. I landed my first deal, a duplex, in June of 2018 doing just that. In talking to several lenders, I was info...
James Alderman
Unique Property Financing Options
Hello BP community!
I'm in talks for a property near a popular vacation destination that I would operate as a short-term rental. I am looking for advice on financing strategies because of the uniqueness of this prope...
Account Closed
Need Creative Financing for Campground/Extended family housing
My family is interested in purchasing a campground in MI. The camp opened in 1973, and operated until 2014. It was very popular in the local area. The property includes 40 acres, some shoreline on a lake, a boat ramp,...
Chris Battaglia
MHP LTV/MHP Contract Assignment
Hey All! My partners and I currently have a 34 unit MHP under contract in Upstate NY. We just got a commitment letter yesterday from a local CU yesterday and the LTV came in at 75%. We're a bit bummed since we were re...
Tanya Solomon
Help us find dynamic agent with ADU knowledge
Investment Info:
Single-family residence other investment.
Purchase price: $1,018,000
Cash invested: $400,000
*WE NEED ADU SPECIALIST REALTOR TO SELL COASTSIDE *
Home is on the very desirable, flat, ...
Levi K.
HELOC refinance
Hello All,
It is great feeling to join this forum.
Here is my situation and my questions:
Situation :
1) I bought an investment property (condo-1bd/1bt) using HELOC (prime + 1.25%) out of my re...
Doel Gonzalez
Help on buying student apt in Puerto Rico (Financing, etc)
Hello BP!My mom owns a student rental in Mayaguez, Puerto Rico, walking distance (5 minutes) to the university (UPRM). I lived in it while I was a student and my mom is now considering selling the apartment. I have a ...
Sia Ben-Jusu
House Hacking in 2024
Hello!
House hacking will be my fist investment option in real estate. I am a health care worker, I have little to no knowledge in real estate, I am here to learn. Any recommendation on best credit score for i...
Jason Boyer
401K used as downpayment?
What would you all advise as far as taking money out of a 401K to use as a down payment for our first rental property? I know 401K's are not popular but I have two different ones, which I know I would pay a small pen...