Hey guys looking to get a HELOC on an investment property. I’ve called numerous banks and found one that will do it but it’s an interest only HELOC. This is my first time using a HELOC. Is this a good idea or no? Th...

Need someone to push me over the ledge here.

Scenario:

-168k note at 10%
-20% down on the original purchase
-Borrower can’t qualify for a confirming loan and the note is ballooning in 6 months.
-Investor wants his ...

I'm curious to see how other investors are planning for potential interest rate increases in the future and what can be done to mitigate risk. Just for reference, every property we own is 8+ units and all loans are un...

EDIT: 2/24/16 We now have a working BP Android App and have had one for the past few months - Get your copy today.
I've gotten a lot of grief from many users over our not building our mobile app in Android yet and w...

I have property I procured with hard money which is approaching the due time for me to refinance into a conventional loan. I got a quote from a company we decided to move forward with. This will be a DSCR loan. Howeve...

Looking to get the BP fam opinion on this….I currently am finishing up rehabbing 24 units and can refi out about $300k (now smaller due to rates),- since its a non agency loan, it would be at 9.5% fixed rate IO (ins...

I've decided to get a HELOC for my first flip. House I'm looking at is 70k ARV, 33k list, 3-5k repairs. You could really get away with doing nothing, but I'd like to do some light staging and minor repairs. HELOC is i...

Howdy from Waco, Texas! Does anyone else think the BP app leaves a little something to be desired? I like getting instant notifications from BP on my iphone since I am trying to buy single family homes, duplexes, and ...

Guys, lately I've been catching a lot of flack for my last seller finance deal...Our seller offered 5% interest only for 7 years...I jumped at it. But, some people think interest only is dangerous. Pros: - more cashfl...

I have been using property buddy iPhone application for a few months to keep up with 9 properties due dates for the rent it's $40.00 for a year subscription. Does anyone else use this ?