Mike Cowper
House jumping & acquiring HELOC's along the way?
So I recently got a HELOC on my primary residence and have been hearing that I am unable to do get those on investment properties; my question is this: would I be able to move out of my primary residence to purchase a...
Patty C.
What Choice To Make For Defined Benefit Supplement (DBS) Upon Retirement?
What would you do if you had a defined benefit supplement (DBS)? Would you take a lump sum? annuitize it of a period certain? annuitize for life? roll it over to a 403(B)/401(K)? roll it over to an ira?Lump sum puts m...
Pete Jimenez
Title refinance question
Hello, BP! I have a question regarding being on title of a multifamily. My mom is purchasing a 4 plex under her name and she will be putting me on title only. She is getting an FHA loan and living in one of the units...
Roberto Treviño
Financing property with HELOC
Hi everyone. I am looking into buying my a second SFR. I would like your opinion on whether it would be better than finance the whole purchase with a HELOC from my primary residence or only get the down payment from t...
Christopher Stacy
Are HELOCs Drying Up?
Folks, I am ready to start working on my next deal. I have two realtors that have setup an automatic MLS search, I have been scouring the internet sites and I even started networking with some like minded investors in...
Nathan Waters
Portfolio lending
What are typical portfolio loan rates compared to conventional mortgages? Do they usually come in 30 year fixed like traditional? or are they more similar to commercial loans with 5 year balloon payments? My specific ...
Tom Beck
Transferring Ownership of New York LLC's to Wyoming LLC's
I own New York LLC's which hold property in New York. I recently opened a Wyoming LLC to function as a holding LLC which will own the New York LLC's. Do I need to file any ownership transfer forms with either New York...
Jake D.
HOD home financing. Traditional + FHA mortgage?
Hello,I am looking for any possible way to be able to classify myself as owner occupant in a potential HUD home so I can get my bid in before investors.A few key points:1. Wife and I bought our first home in march of ...
Account Closed
Question on Loans for Flippers
Hello, i live in San Francisco and i wanted to get into flipping homes in the Bay Area. Can i get a loan from a bank if i plan to rehab the property and flip it?
Cory Bousfield
Buying new primary home and renting current
Hi BP! Sorry for the lengthy post.Hoping for suggestions on how to best strategize on funding an 80k, 20% downpayment for a new primary residence and renting our current house. I've been following the forums and liste...