Peter Lee
Self storage financing terms these days?
Anyone have an idea of what conventional financing terms (rates, term, LTV) are available these days for refis? We have a facility in Southern Cal that we are looking to refi out our SBA tranche (long story on why we...
Steven Darrow
US Financing for Canadians
I've been calling around to some US banks this week to see what they offer to Canadian residents in terms of financing US property. Here's what I've learned so far:
BMO Harris - Will loan up to 70% LTV on sec...
Laurie Austin
Another strategy besides DSCR Loan to keep rental when income low
I have a condo in a high appreciating area of Texas that cash flows $100 a month and used to be my primary residence-great loan at 3% on it and about 75K in equity.
I want to buy a home in another state on a lake to ...
Matt DuSold
Down Payment
Basically my question is, Is it a bad idea to use a HML for a down payment on your first property?
I will be fresh out of college next summer when I intend to buy my first property. By that time I will have about 15...
N/A N/A
re: Interest Only Loans
I recently attended a "Financial Planning" class at my job. Someone asked about the "Interest Only Loans". The instructor said "NO, NO NO". I was wondering why. He didn't get into it he just said it's only good if you...
Mike V.
VRBO / Homeaway Raise their Fees Again
Just wanted to share with you all, VRBO raised their 'new listing' fee from $399 to $499 effective Jan 12th. I have multiple properties listed and no notice was sent out. I only discovered it as I was listing a new ...
Arden Ballard
Frustrated about the property i saw today
I need to sign up for "pro" so I can share the numbers, but I'll give a cliffs notes version here until I do. I'm bummed. I planned my afternoon around seeing this property, saw the value numbers-wise, but my wife bro...
Chris S.
How many home equity loans can I have? I know the limit is 10 for mortgages, but is there a limit on home equity loans?
Hi! Just wondering if there's a limit on home equity loans. If not, and you have like $200,000 cash to start, could you just buy a $100k property, fix it up, rent it out and then get a home equity loan for $70k and ...
Mike L.
LLC-Owned Rental Property Refinance with Agency Debt?
Hi all!Love this site and the members!Question: My friends and I bought a rental house 3 years ago and it's going fine. We want to refinance into a 30 year fixed note. Is this possible?I'm told that we can't get agenc...
Robert Williams
Building a Real Estate Team
I’ve been listening to as many of the the bigger pockets podcasts that I can ( about 70 in my first week) and for as far as I have gotten, no one has gone in depth about their team. Who all do I need to be successful ...