Hi guys,I am currently evaluating a refinance with a blanket/portfolio loan to cash out for a purchase of a 13 units...I exploring both avenues for loan; 1) conventional loan via WF which quoted around 4.75-5.25% or 2...
I am in talks with a multi-family owner who would like to sell me his property, but stay on as a 20% owner as I re-position it over a 2-year period. This raises some tax questions for me. This property is in New Hamps...
Hello all
I am in the process of refinancing 6 rental properties in California. I'm being quoted 3.875% with APRs in the 3.96% to 3.97% range. The loans are 70% LTV with cash out. I have 7 loans in my name, good c...
When houses are in foreclosure and the asking price is 250k does that also represent any additional liens that may be on the property. If I were to offer 250k could the bank come back and say there's an additional not...
Hello,I am currently looking into buying my first investment property (potentially small multi-family). I have bought my Primary Residence and another 82 acre land purchase thru a local bank in which i have gained a p...
Hello fellow BP'ers,
I am looking at the Memphis market for REI. There seems to be opportunity to my remote, untrained eye. To see what I might be missing, I would like to see if people here have any PM recommendatio...
Does anyone have experience investing in SC? I live near the state line and have avoided looking in SC because of unfavorable property tax increase to investors.
Looking to get 60k to clear off high interest credit card debt. My credit score around 640. Debt to income about 60%. I tried HELOC on rental properties none of the banks I spoke offering this product after covid. I s...
Hi Everyone,I recently relocated to the Atlanta area a few months. I am 3-6 months out from purchasing my first house hack. I plan to do it with a VA loan and was curious if anyone in the Atlanta Area has any experien...
We are seeking advice and guidance as we embark on our journey to invest in real estate in Florida. Our goal is to purchase a new construction home as our first investment, with plans to acquire four more properties i...