Does anybody know any banks or lenders that would issue a line of credit against the equity on a portfolio of properties in a commercial loan? We have 15 residential fourplexes that have a substantial amount of equity...
Hello BP friends,I have an LLC that owns one SFR valued at about 250k in a beautiful neighborhood, and cash flowing nicely. Current commercial loan on it is about 130k and up for renewal in half a year. I can pay off ...
Hi Everyone,Hope your week's are going well. Is anyone experienced in selling and managing Section 8 properties, particularly in the Kansas City, Missouri market? I'd love to hear about your experiences.KCMO has been ...
My wife and I are in the process of getting a divorce. Even though we don't get along in the marriage we are still good friends. I want to start investing in rental properties. I have been contemplating creating an...
Does anyone know if the new ruling will include the change from 2 years to 5 years of homesteading a property to avoid capital gains? Is there a "grace" period? If it does pass, what would be some of my options? We...
Hi BP,I have two main questions:1.) Can you "shop" for HELOC's in the same way that you would shop for an auto loan?2.) If you can shop, what questions or tips will get you the best results?A little more info:The HELO...
Who or what bank would you recommend I can get a construction loan through? , Then I would like to roll that into a mortgage.
I've received a question on this, and researched it myself, but not having much success.When a property in foreclosure is purchased at Sheriff's sale in Philly/Bucks/Montco/Delco, etc, puts down 10%, the purchaser has...
Does this mean the seller can also back out of the contract and decide to take someone else's offer?
I am looking for any investor looking to invest 14k and get up to 20% return on their money. I have an investment property that I am looking to buy and live in during the rehab. Its a HUD home that is in fantastic c...