So I'm into the house buying and renting. Lady with family just got ahold of me about 54 mini storage units in 3 buildings on same property. Asking payoff for mortgage around $142,000 can take less she said so I will ...
Currently own two SFH that we purchase with cash (and some zero APR credit cards).In the process of getting them both mortgaged (conventional route). I'd like to hear different methods of financing. I want to have a b...
Hey All!There is an investment property in Ohio very close to me that is for sale for $15,000. I have a few thousand but not the entire $15,000. I know I could easily fix this up for $3000 and start renting it out for...
Looking to purchase a duplex up here for $10k, it needs $30k worth of work, ARV is $60k. This brings my 70% refinance to $42,000. Is this too low for any bank to take on a refinance or is that just big banks? I use a...
I am researching getting a HELOC as a vehicle to purchase my first investment. I have about $165,000 in equity and understand I would only have access to about 80% of that. I need help understanding how HELOC works. -...
So I purchased my first investment property and I want to purchase another one with in one year. I am looking for various/creative ways to come up with money for the next down payment. Anyone have any ideas?
Hea BP Forums!I have found myself in a bit of a pickle.My wife and I have a property under contract for 345k with 20k in seller credits at closing, funded with a FHA loan. We passed inspection with only some minor pai...
Hi BP,I'm looking for some input regarding refinancing one of my rentals.Background, I have 2 investment properties, one owned in my name and one owned in an entity. The personally owned property has a HELOC against i...
Hi BP,I'm trying to line up a HELOC on our primary residence in SoCal and running into a wall. We bought in 2018 and end of this month we'll have owned for a year. Since biying we've put a little sweat equity into t...
Dear BP,I closed on my first home/investment property. An old, out-dated home with a ton of potential. The max I want to go is $15-20K.Rather than using my own cash, I was thinking about financing the project for a ye...