John Rovin
Newbie Question on title
Hi I am researching a property which is listed at foreclosure auction. This is very basic question please ignore my ignorance.It is foreclosed by lets say ABC Bank with $100,000 principal original deed date: 1/1/1999....
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125% Purchase Financing - Cashout at Closing. Your Comments?
Has anyone tried doing 125% financing? I recently moved to a mortgage company, Ace Mortgage, and they introduced me to a product I was unfamiliar with. It is 125% financing. From what I have seen, it fits the niche fo...
Mike Gel
financing small multifamily properties
I am looking at 2-4 unit multifamily properties. Plan is to use my HELOC for 20-25% downpayment with a 30 yr fixed mortgage and ultimately have the property titled in my LLC for liability purposes. Problem is I can'...
Noah Audette
Do Canadian lenders oppose BRRRR?
I am three houses into my Brrrr method, but am now “maxed” and “borrowed out” I’ve met with/spoken with over 30 brokers/lenders, and everyone is looking at my monthly income. All of my houses are 2% rule, fantastic ca...
Brianne Leichliter
Partnering with Private Lenders - Strategic Partnership Agreement
Hello BP fam!
I have a situation where I have a "partner" who is my private lender. Neither of us have any interest in being under the same LLC. We act independently but have a business relationship. He finances t...
Miguel Hernandez
House Hacking Process
Currently I am in the process of House Hacking. I can 100% say i am using the "fire, ready, aim" strategy lol. I am a person that always takes action, and i want to make sure my action is guided. I have spoken to 2 le...
Brian Tschida
What am I missing/what should I be asking?
Have my second deal under contract, wanted to throw out some numbers and to see if I'm missing anything. Also the BP calculators are great but this one seems confusing to plug in.
Its a triplex that we are planning t...
Clark Michael
Who has successfully done delayed financing to brrr?
I have heard you can use this method to bypass the seasoning period, but no mortgage broker has done it around area. Looking for recommendations.
Anna Bielawski
Refinancing 1st and Buying 2nd Property Simultaneously
Hello BP!I'm relatively new to real estate and have been trying to research what impact there would be from performing a cash out refinance on one property while at the same time attempting to secure financing for a s...
Whitney Hutten
Looking for a Commercial Lending - 30 year note
Hi! I'm looking to continue to scale my SFR portfolio and look to put a 30-year commercial note on my refinances. Would anyone know of a lender who can do that? I've explored local banks without success. I've foun...