Hello all,I bought my first rental property in Columbus OH using the BRRRR method and money from my HELOC on my primary residence. I am now trying todo a cash out refinance to pay off my HELOC so I can repeat the proc...
Hello Everyone,Does anyone know of a lender who can provide a 1st lien HELOC on a 2 unit rental property? Great rental income, strong FICO, low LTV (60% or below), strong liquidity and PFS. Thanks in advance.
A friend purchased a condo in Miami that was offered at auction for $20,000, the amount owed to the condo association in past due fees. He tells me that the lender still has a lien on the unit. He assumed that the ban...
I want to use as much loan as I can deploy.I'm estimating $100k for material & labor for down payment for a build but less for a rehab. I do have access to equity. My home is worth $247k and I paid it off at $135k...
Ok here's the story, I have a Super MOTIVATED homeowner who just lost his job, got a divorce and has no cash reserves saved up. He want's to walk away from his property but needs $15,000 to find a new place and pay...
All right, let me tell you guys about my current situation , i’m thinking about going down to very different routes. Let me know what you guys think I have about 70 K in liquid cash $250k in a heloc , so total is $3...
Hi all, I am new to the website but have been listening to finance and real estate podcasts for a few years now and have read a couple of basic real estate investing books. I am currently living in Seattle with my fia...
What's everyone's experience with dealing with a mortgage broker vs lender? Are there certain pros/cons between the two? It sounds like a broker has many connections and can thus make the process a little smoother, ho...
We are about 90% complete rebuilding our first rental property after a total loss house fire. I shoe stringed the rebuild to this point - which will now be our primary residence. (It is a waterfront home so I had to...
Hello, I’m not sure if you can help me, I hope so. Please review my case and let me know if there is anything you can do to help me.
I have refinanced my house 2 years ago. I had a line of credit at that time. Interes...