William Wong
Financing for foreigners buying in the USA
What is the minimum down payment required if you are a non-US resident? I have been looking into US turnkey properties but am getting the impression that my only option is to rely on non-recourse lending. This would r...
Nadya Babanskaya
Financing Advice /Tips
Hi everyone! Newbie here looking to jump in and buy my first rental property very soon. I keep going back and forth on financing it, here are the 2 options I’m looking at and would love if anyone could help me walk th...
Seth Levey
Do you ever pay points on a new loan?
I’m under contract for a 4-plex and considering various financing options. I’m a buy-and hold guy so I plan to hold this for several years. Options are 5.625% with no closing costs, 4.625% with closing costs and 1 poi...
Harrison Goldblatt
Looking for competitive loan offers
Hello All,I was looking for a loan on two cashflowing duplexes, ideally 30 year fixed. Lower down payment, and lower interest rate would be best.The best option I was given was actually a 10/1 Arm.Here are the terms:-...
Brian Sinclair
Will Buy & Hold Investors Sign a Lease Option & Do The Repairs?
If I have a seller who is willing to sell with seller financing but the property needs repairs to make it rent ready, will a landlord buy & hold investor want to buy the property on a lease option? If so, where do...
Hodari Howard
Rental property improvement loan or home equity, what‘s the best?
These are the options I am getting from my credit union? I would appreciate any opinions and pointers you all can offer.Respectfully, Hodari The first mortgage option that includes closing costs would have a rate of a...
Molly Haggerty
Fixed rate or ARMs for buy-and-hold property?
Hi all,New to BP and REI but looking to purchase my first investment property soon. I inquired with a mortgage lender and was provided several options for financing: 1. Fixed rate mortgage for 30 years2. 3 different A...
Frank Thomas
First BRRRR in Charleston
Hi Everyone,I am planning on taking the step on doing my first BRRRR in the Charleston area. I plan on using a HELOC for the down payment and rehab. I have a team in the area to do the rehab and a trusted realtor. I’m...
Account Closed
Are these good ARM loan options?
Are these good ARM loan options for multi-unit investments properties?A) 5/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.00% + 1 point2) L5 R...
David Arehart
Comparing Lenders For A Heloc
Hello everyone, Im trying to get the ball rolling on investing in RE, so over the last few days I have been calling local credit unions and banks to compare Heloc rates and terms. Ive contacted roughly 10 or so and ha...