Holly Olp
Looking for local bank with acquisition LOC on Cape
I'm just starting my business and plan to do mainly fix & flips and some buy & holds in the future. It was recommended that I start building a relationship with a bank that offers acquisition lines of credit -...
Eldon S. Bailey
Commercial 6-unit analysis
I would like to run an analysis on a 6-unit that I was made aware of (for education purposes), but I don't see a calculator for this.it is a seller finance, interest-only three year term. I don't see this option on th...
Tiffany U.
Heloc Denied We Need Help
Hello,My husband and I are actively searching for a rental property. We decided we would take a HELOC out of our home for our first deal. We decided on the amount and are going through our bank to complete the paperw...
Adam Conrad
Found you guys through reddit's realestate forum
Own a condo in South Boston, looking to turn it into a rental when I move out and find my own single-family home. Just trying to learn as much as I can now before I start renting, picking up a few books (Millionaire I...
Shane Thompson
Refi VA loan or sell for gains
I have a SFR with a $290k balance on a VA loan at 3.25% fixed for 30 purchased in 2012 for nothing down. Current estimated market value is $500k. Currently, the property produces neither positive nor negative cash flo...
Mario Calabretta
Firtst Deal - Using Private Money
We are looking to avoid the conventional mortgage route and use private money to buy our first house. It's a large 2 story in a multi-family zoning district so we plan to place 2, or maybe 3 units here but the house ...
Nate Bartlett
Recording a mortgage on seller finance deal.
I'll keep this short. I'm purchasing a property from a fried in Illinois (Cook County) using seller financing. Purchase Price: $54kDown Payment: $10k at closing, $3k in 6 monthsTerms: Remaining $41k amortized over 30 ...
Peter Ulstad
Banking Suggestions In Minnesota
Hi All,I'll be purchasing my first duplex in Minneapolis in a couple of weeks and have a banking question for everyone. I currently bank with one of the large, national banks (not going to name names, but it is one th...
Robert Kriedermann
My lender spent my escrow on taxes for the wrong parcel.
A few years a go I purchased 2 duplexes from a single seller with cash that are about a quarter mile from each other on the same street.Over a year ago I refinanced just one of the properties. The payment was $857.70 ...
John Fortes
To LLC or not to LLC till Refinance
Hello! As I know this is not professional advice till I consult with a professional. I just would like your input on the matter. First, My wife and I are weeks away from closing on our first investment opportunity. Th...