Hilary Braun
HELOC Payment Explanation
Hello everyone!I'm beginning to scale my rental portfolio and using funds from a HELOC to cover cash to close on my properties. I was using HELOC payment calculators online to gauge the cost of the cash to close per p...
Heath Thomas Jr
Blanket loan question
My Partner and I have 1 rental property currently, valued at 200K. Our goal is to pick up another 3 (at least) by the end of the year. Ideally, we would like to purchase 3 using hard money and refinance out under a bl...
Jesus Moreno
Foreclosure Auction Process (Albuquerque NM)
So, I am a complete newbie to real estate investing. I have been listening to the podcasts, trying to discern my niche, so far I am leaning to"buy and holds". The problem is I don't know how I should go about purchasi...
Dave Craig
Options for financing the remaining balance after taking over an assumable mortgage
I have a good opportunity with an off-market deal that is currently exclusive to me. The purchase price is right and the seller has an assumable mortgage in place at a very good rate. The problem is that the mortgage ...
Kristin Finn
How do I finance a two flat with a disclose leak in the basement?
Hello BP! This is my first post!! My husband and I are interested in a two flat in an excellent location in good condition. It is currently rented. We believe the deal could be very good at the right price. The proble...
Jon Rylander
should I put down a 20% down payment to avoid mortgage insurance?
Hello, BP
I'm looking to invest in a duplex in st. paul MN. I plan to live in one unit to obide by any owner occupant requirements but im debating if i should just go with a FHA loan at 3.5% down payment but...
Martin Kazimir
wholesaling
if a property is going for foreclosure we buy it for less than arv what happens to the existing mortage
Jaleen Anderson
How Much to Put on a Loan Buydown!?!?!?
Quick question to those who are in the rental field:
When you are doing a loan buy down (paying extra on the monthly mortgage), how much extra do you recommend to put towards it?
Is there a rule of thumb for this?
Joe Vastola
Better off putting 20% down or paying for PMI?
I am looking to buy a SFH and am wondering if it is smarter to just put down 20% or put less down and take on the expense of private mortgage insurance. I'm assuming the cost of PMI is based on the size of the loan an...
Ariel Moore
Wrap Mortgage
We are working with a seller in foreclosure. There is quite a bit of equity in the home and it only needs minimal upgrades and repairs. The foreclosure sale date is fast approaching...only a few days left. The s...