Hi Everybody,We have found a stellar deal in Ohio. Great CoC, great location, multi family, and a value add opportunity. The ideal property in our eyes but we are having troubles getting qualified for mortgages becaus...
Hello. I graduated with my nursing degree back in 2019 and I plan on buying my first property this year. When analyzing property, what variables are most crucial in determining whether it is a good deal or not? NOI? C...
Hello all, My parents own a home in New Richmond Ohio (in town) and owe almost 90,000 dollars on the mortgage after multiple cash out refinancing. What advice can I give them? The market there is red hot and I want to...
Ok, so I completed my first deal and I am ready to start my second. But I am WAY more nervous about this one than the first one. I am going to try to run everything by you guys and maybe that will give me some reassur...
Hi All,My wife and I own an investment property in California. The home warranty originally purchased as a primary residence with an FHA 30 year mortgage. We have ~20 years left on the mortgage and the fixed rate is 5...
Hi BP Calgary and Edmonton members,I am a new member and really curious to learn some real life examples that people successfully pull this off. It would be great if some real numbers are shared. Will the property ap...
how does the bank make money off this?
Hi, I'm looking for help with making sense of these numbers from my bank. I originally started application for a HELOC but then changed my mind and asked for quote on cash out blended rate refinance (I'm 2 years into ...
I am getting ready to buy my first property and I am taking money out of my primary house. My banker is telling me to refinance to save the interest and a smaller payment rather than using a HELOC at a higher rate. S...
Hey guys! Question for you all: What do you think is the best way to use a home's equity to buy another rental property. The three that I know of are: 1. HELOC2. Home equity loan3. Cash out refinanceWhich one do yo...