Hello BP!I'm a new investor and currently looking for a property to BRRRR. I plan on using the HELOC on my current home to purchase the home outright, then refinance with a conventional loan after repairs are complet...
Cash flow great. Area appreciating yearly in last five years. Tenant seems very responsible and staying there long term. Very poor condition of house. Roof, water tank recently fixed. There is a leak coming from outsi...
Hi Commercial RE Investors,I have a question regarding home equity line of credit or HELOC.Here is the scenario:I went to a local bank asking for a line of credit on my 6-Unit. The lender would offer me an 80% LTV of ...
Hello. The "search" option is not working for me at the moment, so I wanted to get some insight for a topic I am sure that has been discussed before.
Basically is there typically a difference in cost on closing cost...
Hello Everyone!I've been running into a good amount of investors lately at the office who have told me that they don't use hard money lending and don't want to give it a try. I understand using cash for a transaction ...
I'm selling a rental house FSBO. An agent calls and says she has a buyer willing to pay the asking price. She and the buyer each want 3%. The agent wants a 3% commission (fine with me), and the buyer wants a 3% conces...
Hello!
Rehab ($25-$30k) on my first BRRRR is coming to a close (Purchased mid January) and I am now hunting down financing. I paid cash for the property and am looking for an 80% LTV cash out refinance. I got a quote...
Good day I hope this message finds you well!
I'm a US ARMY RANGER VETERAN, whom just went through a divorce ..stuck at a crossroads 29 years old 2 kids I receive disability every month but want that money working for...
Background:
Currently FHA financed on a SFH where I live. Bought for $125k, remaining balance $60k, appraisal should be $175k. Currently pre-approved through the VA for $400k but lender said $500k is an easy reach. I...
I just inherited some money and have always wanted to get into real estate investing. I have enough to buy my first property right out but I'm not sure if It would be smarter to use some type of loan. Any advice would...