Hi all,I am looking to purchase my first rental property, but am debating on which route I should take to finance the property.  I have been offered a 90% LTV HELOC  at a fixed 2.99% APR for the first 6 months then mo...

Situation-I am using a non-recourse loan along with my solo 401(k) funds to purchase a rental home.

Borrowing-130,000.00

Loan term options

Fixed rate20 year loan 6.5%

Variable rate 25 year loan
10/1...

Hello all,
I am trying to figure out what makes more sense for me in my current situation. 
My current 30-year fixed mortgage on my primary residence is about $2k a month.
I want to refinance to get a lower rate in...

Good Afternoon!My husband and I are finally taking the leap and building a rental (short term Airbnb or medium term, traveling nurses, etc) on our lower property.  We thought this would be a good start for our investi...

I am asking this on behalf of my parents. After years and years of paying a mortgage, my parents are about 6 months out from paying off their mortgage (Woohoo!). With their new grandbaby, they are looking to move up c...

Greetings BP
I’m am looking to get a HELOC on my investment property for the purpose of growing my portfolio.
I recently discovered the concept of 1st position HELOC which would replace my conventional mortgage wi...

I'm in the Minneapolis area, I Just put in my first offer on a single family property. I am pre-approved for all three options. I guess I am really looking for a good CPA that can help me with the tax advantages vs co...

What are some questions I should be asking a lender? I'm a first time home buyer... So far I have: - Are their any first time home buyer grants I can take advantage of in my state? (I'm investing in Maryland)  - Are a...

We are trying to decide whether to use 1st or 2nd position HELOC to fund our investment property down payment. Any advice is appreciated.

Hello! My name is Klesta and I'm brand new to these forums. I have been listening to bigger pockets for 10 short weeks now, but I feel I have learned more here than in any of my years of attending college or the MBA p...