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Hi,
I would like to take out a Heloc on my rental property. Does anyone know a bank or credit who does that? Thanks,Dany
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Hey there, Long time lurker, first time poster! I have been consulting with various attorneys, and have been getting some mixed messages. Heres the scenario.I have two adjoining properties for sale. They are two separ...
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Hello BP!I'm looking at a deal that would combine these two methods but I'm unsure if a HML or PL would do the deal as they would have the second lien position. Does anyone have experience doing this?I would put 10% ...
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So I’m using the bigger pocket calculator. When I put my expense in such as 5% repair, 5% cap ex, 5%vacancy I get a positive cash flow but on the 50% rule I get negative cash flow. I’m not sure which one to follow. Am...
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property is 150k i got 75k from 1 lender can i get 75k more from another lender to close the deal???
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HI All,I may be partnering with someone on a SFR fix n flip. Whats the best way to structure this? I would be putting up 50% of the funds needed to buy and rehab. Guessing we should start an LLC and do 50/50 membershi...
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Looking to buy our first investment property in the North Dallas area. Our goal is to purchase a new home. Any tips would be appreciated. Thanks to all.
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How Can Private Lenders Ensure Flexibility While Protecting Their Interests?
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Here is the scenario: A. "Subject To" deal on the mortgage B. 30% equity is seller financed (to be paid in 10 years) C. Lender find out and Due-On-Sale Clause is triggered?. Here are the questions1. How can I refinan...
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What advice can you give to rental property owners who may give a small hard money loan ($25k?) to a fix & flipper? It would be our first.We met him at an REI. He's got excellent reviews online. He's done a num...