Alec Hilliard
1st Lien HELOC On Investment Properties?
Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
Derrick Alexis
DTI ratio and being able to refi with the BRRRR method
Hi BP community, I'm trying to figure out how ready I am to start investing. I understand that utilizing the BRRRR method means taking on mortgages. How are lenders/ banks calculating your eligibility to refi and inve...
Ryan Ahlgrim
Business Line of Credit
I’m planning to do some buy and hold investing in 2014 and am looking to use a business line of credit for my down payments when purchasing new properties. Depending on the lender, they will require a 10% - 20% dow...
Jeff Kaller
Foreclosure Toolbox
The signs are apparent for any homeowner. Home foreclosure is right around the corner if you’ve fallen behind on repayment of loan and the house is serving as collateral. However there are tools available for these si...
John Morgan
How to finance deals with a high debt to income ratio
Good morning BP!!!
I have recently run into an issue that I rarely hear spoken about on podcasts or on the forum but I’m sure someone somewhere has had the same experience. I am currently a college student finishing ...
Franklin Nunez
Has anyone ever used their primary homes equity as collateral?
I haven't been able to get a heloc because I don't have 2 years of self employed tax returns. I want to use the heloc to put towards the downpayment for an investment property. Ive heard of people using their existing...
Jeffrey Audije
Need advice on finding a private lender and how to pay them back
I'd like to borrow money from a family member or friend to put down on another investment home. I want to borrow from people who have large retirement funds and want to grow their money. What methods have you guys use...
Kyle Burnett
Borrowing from 401k to start brrrr
I'm new to Realestate investing and am in the process of closing on my first rental. Since then I've learned of the brrrr strategy. My main issue is raising the initial capital to begin the brrrr with a second house. ...
Zachary C.
Loan Payoff Efficiency
So, let’s say I am considering the topic and idea of the prioritization of paying off loans.To me, it only makes sense to consider the principle of the question for the initial prioritized list. I believe that conside...
Jonathan Everett
Help understanding NPN
I'm new to all of this, can someone help me understand exactly what a non performing note is? What exactly am I buying, and what are all of my options when selling? All help is appreciated, thanks!