Orlando Cortez
Pre-Forcloure Question default
Afternoon Everyone I’m looking at properties in pre-foreclosure estimated value is 465,000 original loan was for 326,463 the beauty is there’s 138,537 in equity the owner has been served an nod non payment of $17463...
Eric Rodriguez
Creative (alternative) financing options
I have a duplex with about 60k in equity and both sides rented. I have a sfr that is free and clear which is valued around 85k and I have a 1031 in progress that is 5 months in and will be purchasing another sfr that ...
Miles Stanley
BRRRR and the 4/6 loan limits
This questio stems from a general ignorance about the 10 loan limit, but i have heard about this in more than one place. So hear goes...In doing the BRRRR strategy, are you still subject to the 4/6 Fannie/Freddie loa...
Anthony Kondor
Need Help???
Im a 6flat property in Riverdale and the property has back taxes of 40,000 and the property is being given to me for 1,000 and the arv of the building is 200,000 and it needs 15000 worth of rehab, how can I reduce ba...
Carlos Encarnacion
Converting a Single Family to a Duplex
Excited about my first post. I live in Fort Worth, TX and I've had a single family rental in Belleview, NE for 8 years. The house has 5 rooms and 2 bath and lately I've been thinking about splitting the house and make...
Jonathan Bonck
Use cash out refi to pay off HELOC
Hey BPNeed some help on a scenario that I am processing..... I want to take a HELOC out of my primary home to use as a DP for another investment property. The assumption is the investment property has built in equity ...
Robert Johnson
Primary Residence near Promenade 2035
Investment Info:
Townhouse buy & hold investment.
Purchase price: $280,000
Cash invested: $14,450
This unit was purchased as a trust sale, and has since been remodeled, we currently occupy the un...
David Niu
Buying house for someone else
Hello BP friends,I am buying a house for a John( friend) who does not qualify for financing at the moment. House will be around 200k in Westland, MIWill do a 5% conv. Loan with seller paying a max 3% concession. Total...
Jose Diaz
HELOC credit criteria
Hello to all. My wife and I are interested in obtaining a HELOC from a property we recently purchased. The property has more than $100k in equity however we are wanting to obtain 75-100k. We recently got denied at Ban...
Jestin Sorenson
Partner on four unit apartment building
I've got a four unit apartment building that I would be open to partnering on. I've already rehabbed and rented the property out. Rents are $4,485 per month. I used credit card and personal loans to finance the rehab....