Misty Wilson
HELOC vs Home Equity Loan?
Good afternoon everyone!If I own a home free and clear and want to invest in another property what is the differences/advantages to choosing one or the other? I know the generalities of each option and the primary dif...
Andre Guieb
Should I use a Heloc to secure financing for a new construction deal?
I am new to real estate investing and was looking into taking a heloc on my primary to purchase land and do a construction loan. Current value of my primary is $1,200,000 and I owe $380,000 on the loan. Reason I do no...
Charles Lee
Seeking advice from experienced investors on ways to finance a property.
Hello folks,I am 27 living in Canada and make roughly 53k after taxes.I have been living in my condo (Purchased for ~159k) for just over a year that I put 20% down payment (~31800) on and I am looking to purchase anot...
Molly Plude
Should we do 15 or 30 year mortgage?
Hello BP family!! I'm new to real estate investment. In a process of getting a condo, that's 2bd/2ba for 113k. I keep finding myself going back and forth between 15 or 30 year mortgage. I want to do 15 year so when my...
Jorge Vazquez
ow do you think future interest rate changes will affect the real estate landscape?
The future of real estate is constantly evolving, with mortgage rates and rent increases playing a crucial role in determining the landscape. As rent rates continue to outpace mortgage rates increases, many individual...
Kenny Dofer
Unconventional investment strategy?
Hello,I live in a pretty hot market, with very low vacancy rates and high property demand. I was recently laid off from my job and have three issues: 1) No way to get a conventional mortgage 2) Need a place to live, a...
Tracy Brown
My First Deal? I Got Hosed......
The first deal was a night mare....the broker scammed me into buying a home where she new the owner and he was selling to go back to his homeland of Portugal where they are both from. (broker mistake...she never discl...
Yulin Wang
Exploring across the border investment opportunities!
Hi All, I live in BC Canada and it just seems that the property prices around here no longer make sense for investment. Also looked at WA and OR and they both are getting out of whack. I was encouraged to break the ge...
Jessica Macklin
Investment HELOCS in Georgia
Hi BP fam,Can anyone share with me a bank/banks which are doing investment HELOCS in the state of GA? Thank you in advance. I have reached out to Navy Federal, Ameris, PenFed, TD bank, US bank and TCF bank - all of wh...
Tosin Oluwatoye
Mix use commercial property financing
Hello BP Community, I am trying to finance a mixed use property and APRs have returned between 9.3 & 10.2% (20% down Fico >700) with fixed and variable tenures. Needless to say I wouldnt be going along but the ...