Trevor Jacobs
Loans for smaller (sub 50k) rental properties
Hey all,I am looking to buy rental properties in areas where the average sale price is 40-50k. I have a hard time getting solid information about loans from banks and other entities. Do any of you have any recommendat...
Gregory Schwartz
$10,000 SBA Loan / Grant
Anyone else applying for an SBA Economic Injury Disaster Loan? Based on what I've read in the Stimulus Bill we all might be eligible for a 10k grant advance.
"(e) Emergency grant
(1) In general: During the covered p...
Adam Schumacher
renting out all of a fourplex
Hi everyone.Im looking to purchase my first fourplex this year in Atlanta.What type of loan do I have to get in order to rent out all 4 units straight away? Is this possible?Thanks in advance.
Christian Carson
Cash-out refinance dilemma
I have to decide what to do about refinancing two of my duplexes, and the banker is pressuring me to return my application, but closing costs are really hard to swallow. Here's the situation.Duplex AValue $90kLoan: $3...
Ilya G.
Using cross-collateralization as a method of down payment
Hello,I have several SFRs that have lots of equity in them and I wondering if anyone used a method of cross-collateralization to pledge the equity as collateral, thus avoiding doing a cash-out refinance or HELOC. It s...
Seva Kotov
Title Company Allowing Online Notarizing [Land Investing]
Hi BP Community,I am wondering if anyone knows of/can recommend a title company in Texas that allows online notarizing? I am a new land investor, but am currently located abroad, so the notarization must be online (wi...
Tracey Thornton
Can a Landlord use PPP Loan to pay off their loans on rentals?
I see that there may be a second wave of Stimulus packages offered from SBA. I am a landlord with 13 rentals, and was considering applying for a PPP loan or EIDL loan, as to pay off my commercial loan at a much lower ...
Kyler J Sloan
HELOC vs Construction Loan vs BOTH?
I was trying to think of the best way to finance a construction project and my next purchase simultaneously -- the former is a creative STR project, and the latter would be a turnkey property.
Assuming I can get a c...
Felicia Richardson
Reverse Mortgage Assistance
Hello everyone! I have a close Friend in Florida, who needs to have a Reverse Mortgage released. His elderly parents, had one done a few years ago, without his knowledge. They now require 24 hr care and he is trying t...
Alon A.
Way to but house i want
Hey guys, i would like to buy a house in Austin, I want to buy house that need a full remodeling and invest at least 100-120K on remodeling the house.
I can get Hard money loan & then get FHA when i re finance ...