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I am looking to get a LOC against my portfolio of 12 rental properties that are owned free and clear. I am struggling to find any lenders that will do a line not a term loan. Anyone out there have any contacts they ...
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I know there is a concept of loss of rent insurance if there is a fire or something. My question is if there is a concept of an insurance policy that will guarantee a specific noi number.For example if I am buying a ...
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Hey everyone! I'm looking to purchase my first investment property. I walked through a bank owned home today for the first time. It appeared to have a serious mood issue so I'm wondering if anyone else in Grand Rap...
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Hi there!
I’ve started an LLC to buy my first residential investment property. I will be able to provide a 20% down payment through the LLC, but the question I have is: don’t I need to personally guarantee the loan b...
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I recently met with a lender and this topic came up. The lender recommended I do not start with a single family home because it will raise questions from lenders when it comes to house hacking my second home. Lenders ...
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I have 10 existing loans with only one being a Jumbo on my current primary residence. The others are on investment properties (6 fourplexes, one duplex, a single family rental and a STR vacation property).In speaking...
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Greeting All,I'm looking for opinions on HELOC products. I working with two local lenders one has traditional HELCO based on Prime plus 1% and the other has a product they call The All in One Loan (AOL). The AOL rate ...
Greeting BP members,
Between me and my wife we have a few rentals and would like to insure ourselves from any law suits by tenants
I read here that I should be getting an umbrella policy ?
Can you recommend any go...
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Hello BiggerPockets,
I'd like to open a discussion on an unconventional approach to real estate investment: utilizing unsecured term loans instead of the traditional route of mortgages. This strategy might sound unor...
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Looking into purchasing a vacation home and i just learned about different types of financing products and I'm curious what is the different between DSCR loan v second home/vacation home loan ?