I was at work the other day talking to a friend when we were interrupted by someone my same age that exclaimed "Oh my god you have 3 mortgages". He then went on to tell me immediately about all those people that went ...
What’s everyone opinions on HELOCS vs Refinancing? I live in Canada, and would like to use one of these methods on a mortgage free home with intent to invest in Real Estate with the money. With HELOCs right now in Can...
I have owned my primary residence for three years. Cash-out refi vs. HELOC. Advantages/disadvantages between the two? Anyone care to share their experiences and limitless possibilities when using either of the above?
Hi everyone! I'd like to invest in a second home for a rental. I'm not sure if I want to do long term rental or short term rental yet. But, I would like to pull the equity out of my current primary home in order...
Hi everyone! Been financing deals with personal and private money but want to step up my game. Can anyone in the SE Pennsylvania (Philadelphia/Wilmington) area recommend which bank(s) investors are getting their loa...
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
Hello, so I’m wondering the what’s the best way to pull from my equity to buy another property. So I have a current mortgage of 280k and my property is worth somewhere in the mid to high 400’s. So here’s my questions....
I’m wanting to buy my first rental property this year. I’m about a month out from finishing renovations on my personal residence. My plan was to in a way to do a BRRRR except that I would continue to live in the prop...
Hello everyone,
I have been shopping around for lenders to help me with my refi. Most offer the usual 70%-80% LTV at around 5% for 20 years. But I found a lender that would give 80% LTV at 4% interest for 30 years...
Hi everyone. My names is Andrea and looking to see what people are currently doing in regards to pulling your money out to move on to the next property. Just did a rehab I already on a property that has 2 homes in on...