Noah Rowe
Have 800k equity, need to ditch100k credit card debt
Need solution to eliminate credit card debtDetails: current note 350k @ 2.7%Not my primary residence so can’t do HELOCProperty held in personal name. Tax insurance and mortgage: 2,000credit card debt 100k Appraisal: ...
Alicia S.
Solar panel or farm incentives?
I’m looking at residential and commercial property in western MA and Florida and I’m wondering if there are any incentives for buying solar on business rooftops or just on land (I see this a lot in residential proper...
Alan Cardoso
Austin area tenant quality
I’ve had a few applicants through Zillow, sub 600 credit scores, debt collectors on their credit report. How do you guys evaluate these? Is this an automatic no or do you seriously consider the application? The proper...
Tim Grich
ISO: HELOC lender (calculating rental income for qualification)
Hi All,
I'm trying to qualify for a HELOC. The problem I'm running into is two-fold:
1) Many banks still have a moratorium on these due to COVID
2) Debt to Income qualification due to unique rental income situation...
Lucy Smi
Is this good rate: 3.5% with paying 2.5 pts
Is this a good 30 year rate to lock for 60 days? Amount: $210k, 25% down on a 2-unit mfh. 3.5% and paying 2.5 points The lender doesn’t allow wrapping the closing costs and points into the loan. I was a bit surprised.
Gail W.
The "Non Loan" Equity Loan... HUH??
We own a home that we are now accidental landlords on and we like it! So we got to thinking, HOW can we use the house to make more money? We refi'd and pulled out cash to fix it up, gaining higher rent. Even after pul...
Tori Applegate
Hey I’m just really new! Atlanta, GA
Hey everyone! My name is Tori and I moved to Atlanta about a year and a half ago. I’m just finally getting in a job that’s stable and looks like it will be picking up financially from here out. I’ve known that I want...
Kim Rosinski
Off Market direction
If there's a seasoned investor on BP that would be so kind to offer a little direction, I'd greatly appreciate it! I'm not an investor, I worked for one for a few years but I'm not an investor myself. I'm looking for ...
Adeola Ade
How do I do a credit check on a Tenant in Edmonton?
Hi There.I'm a newbie landlord and i have an application for a prospective tenant.both ladies will be renting my 3-bedroom apartment and they are both moving out of their parents house for the first time, which means ...
Marci Stein
Late fee 10 percent of rent ?
About to rent out my newly purchased house. Want to a dad a late fee to the lease . I’ve read some charge 10 percent of rent , plus 10 per every day late . Seems high . Is that typical? What’s your late fee policy , i...