Mary Lopez
Trying to get a HELOC, but old lien has not been released
Hello,I need some advice. I'm in the process of getting a HELOC and the lender needs a Release of Lien from a mortgage that was refinanced back in 2016. I personally went to the LA County Recorder's office and could...
Narendra Pydi
commercial loan Refinancing Strategy.
could you please answer this puzzle, I have been trying to figure it out but im clueless your valuable suggestion is really Appreciated!!
My Husband and Myself were guarantors for company A and B, we got HELOC from...
John Vo
Using Self Directed IRA to Invest in LLC?
So I"m just learning about self directed IRA and it seems there's quite a few possibilities that is available if I can properly use this strategy to buy real estate. Here's a strategy that I've been kicking back and f...
Ken Leibundguth
Is it Legal to be both a loan originator and a real estate agent?
Hello BP Friends,I am considering a career change to become a Mortgage Banker (currently a Mortgage Closer) but I would also be interested in working as a Real Estate Agent. I have tried doing some research into the l...
James Harkness
Rooming Houses
Does anyone have experience buying, managing, or selling rooming houses? I hear that they can be a real pain and are extremely management intensive. I have a friend who is having difficulty making payments on his ro...
Greg Betts
Becoming a Loan Officer advice
I'm considering a move into the mortgage industry to better align myself with my real estate investing goals. What advice can you give about the industry and what I should be looking for in a company?I would be transi...
Tyler Rowley
Cash-out Refi - Rental Property
Hey guys: I want to maximize my LTV for a cash-out refi for my two-unit rental property in Rhode Island. I know 70-75% is pretty standard, but I’m wondering if people know how to get 80-90%. Excellent credit, if that ...
Mark Mainini
Refinance process when doing a BRRR deal clarification
question from a newbie here. I am reading the BRRR book right now and I just had a question on the refinance part. hypothetical put down 20k on a 100k deal and finance 80k from a hard money lender. I rehab for 15k to ...
Victor Rosario
Fund and Grow Question
Is Fund and Grow a good company? I understand they have 12 month subscription services, does anyone have experience with them in regards to buy and hold real estate? Does those credit lines need to be paid off by the ...
Derek Mitchell
Deal Review in ABQ
Hey Guys. I've got a deal I would like some input in. I've got the opportunity to purchase a SFR subject to.
The current loan on the property in about 135k and it is valued at 150k. The payments ...