Account Closed
1st position HELOC in Manhattan (primary residence)
I'm in the early stages of my apartment buying journey and I hear a lot of talk about getting HELOCs for investment properties but very little for people looking to get a HELOC instead of a trad loan on a primary resi...
Frank Wells
Tax implications of cash out refi to buy investment property
Thank you in advance for taking the time to read and/or answer my question. I appreciate your time. I'm, not sure how to pose this question either but here goes...I recently used a cash-out refi to purchase a SFR re...
Andrew Wilfong
Financing Land with a Home that Isn’t Able to Be Lived In
Hello,
My wife and I live in Pennsylvania.
We’re in the market for a plot of land with a home that is livable or raw land that we can later build on.
Recently we found the land that was exactly what we want, howeve...
Dan Griebling
Duplex Purchased Under Market Value
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Moscow.
Purchase price: $199,000
Cash invested: $3,000
Purchased for 199k July 2017. Current estimated market value 240k. ...
Satish Jayaprakash
Property going into Auction
Hello All,A single-family house has recently become available for auction, and I am considering purchasing it as my primary residence rather than as an investment. I believe this approach provides me with an advantage...
Bin Liu
Best local banks to deal with cash out refinance in Maryland?
Hello BP, Any suggestions on local banks in the DC, MD, VA area that are investor friendly and willing to lend on rental properties (currently rented and stabilized) at reasonable rates? Due to high property prices in...
Tom Horn
I'm a bit overwhelmed at financing options and timelines
First time investor here. I'm looking to buy a long term rental property about 1.5 hours away from where I live. I'm wanting to buy this summer, so about 2 months from now, and I'm trying to explore my financing optio...
Susie C.
Lenders in Washington that Allow Airbnb/Rental Income to Support
I'm looking for a lender that is not as strict as traditional lenders, such as banks. I am looking to refinance my condo property and have made payments on this every month on time, without issues. Currently on a shor...
John Warren
Being my own agent
I am close to completing the broker courses for Illinois, and so now I face the task of finding a place to hang my license. I was wondering if I could get the BP community's feedback on whether I should go with a trad...
Brandon Sturgill
Getting to 10 Mortgaged Properties
Why does my lender claim they can only loan 4 mortgages? Where does the 10 mortgage limit come from? And are there LTV restrictions (75%LTV?)...