Freddy Morgan
No Cash Out refi options due to Covid?
Over the last few days, a couple of local banks told me they "are not currently offering cash-out refinancing on investment properties due to Covid impact concerns". Have any of you heard anything similar?
Very new t...
Nicholas Callari
BRRRR Banks + Investor Friendly Lenders
Hi BP community - would love some help finding any investor friendly lenders in the Tampa Bay area that have dealt with BRRRR investors before. I would love to get a better sense of what rates some of these lenders ar...
Regina Hill
New, need some solid advice/options on property
We have just completely renovated a SFR (from the gound up, everything new, foundation, roof, HVAC, etc.). Our intent was to sell, but we are not having luck and need to move in another direction, carrying costs are ...
Evan Glasco
Duplex Deal: Owner Finance to Long-Term Hold
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $240,000
Cash invested: $60,000
purchased this distressed duplex using owner financing for $240K and a $60K...
Account Closed
What to do with our Property (Corporation, LLC, Individual)?
We flipped a house out in IL (I live in CA), and it's not selling right now. We don't want to lose money on the house, so we're considering turning it into a lease option. We have a HML for the property right now and ...
Ryan Sullivan
Covid Refinace Worth It?
Hi Everyone,Recently I've been getting super low offers for refinance during this covid crisis for my primary residence. Which is a 1950 Cape Cod 4 bed 2 bath, single detached garage. This is my primary residence, I d...
Susan Dobbs
Need Creative Financing Ideas...
I have an opportunity to buy a house that the seller wants to pay off the mortgage amount and his closing costs.
His mortgage balance is $210k and his mortgage payment is $1600 a month. He offered to sell it to me f...
Cole Jennette
Our First Live-In-Flip
Investment Info:
Single-family residence fix & flip investment in Lehigh Acres.
Purchase price: $56,000
Cash invested: $25,000
Sale price: $150,000
Live in flip; kind of an accidental investm...
Kwame Essieh
LTV options for a 3-unit Investment Property
I'm looking at doing a cash-out refinance on a conventionally mortgaged triplex that I don't live in. When I did my initial research online it looked like I could get up to 75% LTV for this, however after talking to a...
Chris Burcher
Pivoting form original investment goals/adjusting to 'this' marke
So we (my wife and I) have made a concerted effort over the past 6 months or so to invest outside our small, rural local market in Charlotte, NC - a very competitive market with low supply/high demand. We originally w...