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Hey BP!So Im a fairly new investor. I do buy and hold. Own 2 properties (a duplex and a 4 plex). Owned the duplex for nearly 2 years. Am about to move out of one of the duplex units and once it rents Ill clear about $...
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Hey everybody, I'm fairly new to BP but have really appreciated all of the helpful feedback from everyone on the forums as I get closer to pulling the trigger on my first REI. My partner and I are looking at purchasin...
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I bought an SFR cash because the comparable sales within a mile were around 70k and the "as is" close now price was 20k. I figured that I could buy it, refi, get my cash back and then refi into a bank loan after 6 mo...
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Hey Everyone,I have a project in mind and have a family member looking into giving me a loan. He would like to give me a loan from his 401k, but I don't really know how to go about setting it up. Any experience in thi...
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I have a duplex in Renton WA. I am renting one unit out and living in while rehabbing the other. I am wondering if its possible to borrow equity in the property to finish the rehab?
I owe $330k and ARV is $600k (bas...
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Hello,
I heard that you can only finance a max of 10 rental properties under the current guild line. I currently have 8 and would like to take some of them and refinance under a business mortgage to free up some roo...
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Background context:I have a 805 credit score, low DTI and attempting to secure the lowest cash out refi to pay off a debt ($50k). My broker is saying the broker fee is a standard $3000 amount bc the amount requested i...
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Hello! I have (had?!) a plan to refinance our current mortgage as well as get a HELOC. Apparently our DTI
is too high for the HELOC so we can do a cash out refi but that is less
desirable because it means we canno...
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A few months ago I bought an abandoned multi family property at a tax auction conducted by the city marshal. There was a redemption period of a few months which allows the owner to pay off the owed taxes and keep thei...
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I am a 24 year old guy who is close to finishing up his first deal. I bought a house at a tax foreclosure auction with the intention of fixing it up and moving in with a roommate once it is finished. I am finally gett...