Tiffany S.
Hampton Roads Virginia HML
Can someone suggest some HML (s) in Virginia (More specifically the Hampton Roads area)? I hear it may be difficult to secure a HML if you don't already have flipping experience. Has anyone local been successful using...
Alan Dunlap
Mortgage lending changes 2021
Hello BP community!Any lenders out there have any opinions on the lending changes coming in 2021? The DTI requirements are being replaced, using other factors to qualify for mortgage:https://www.barrons.com/articles...
Peter Bras
What is the best way to free up equity?
Good Evening Everyone. I have a property (SFH) worth approx. 190K and I currently owe 125K. What is the least expensive/best way to free up some of this equity to use on other properties? If HELOC is the answer, do...
Nicholas Misch
15 or 30 year for a 35 year old investor just starting out.
Hello BP Family,I am 35 and am just wondering if I should be considering 15 or 30 year mortgages. I have a goal of 5 properties in the next 5 years minimum and then hope to expand more rapidly thereafter and want to e...
Ben Mardis
Investing Newbie: an intro and preliminary strategy review
Hi all! My name is Ben and I am about a month into diving deep on real estate investing education. It's a whole new world to me and throughout the dozen books and hundred podcasts I've listened to so far I've waffled ...
Jennifer Sui
House Title for LLC Creation
In a few months I will be moving out of the townhome I own, and will be renting it out. I plan to create an LLC for this property. Will I need to have the house re-titled into the name of the LLC? Or can I leave it in...
Sonam Jessica
Conventional loan vs FHA for 4 plex?
Is conventional loan available to first time home buyer for 4 plex ? Which loan is best for 4 plex ? Conventional loan or FHA ? If u guys have 4 plex or triplex sell let me know. I am in colorado
Maurice Blackledge
Using Second Home as Rental Property
Hi Everyone,I live in (MN) and I'm looking to purchase an out of state property with the intention to buy and hold, then rent out.I was talking to a potential lender and was told that I could use the second property a...
Will Walker
Want to invest, but renting an apartment, what can I do?
Hello BP Community!
Been awhile since my last post, but have been thinking about this for a little bit now.
I am currently under a lease agreement for a single person apartment for the entirety of 2021, but I want t...
Garratt Brannock
Question about Seller financing
Hey guys,
just looking for clarification about seller financing. Is seller financing when you and the seller come up with a purchase price and loan option with a monthly payment; or are you just taking over their mo...