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Results (10000)
Alexander Chavez HELOC vs Cash-Out-Refinance for fix and flip
16 January 2016 | 4 replies

What would you recommend?I plan on using the equity in my home for a fix and flip project in Chicago. The plan would be to acquire, rehab and sell within 6 months.  For this would you recommend a HELOC or cash out ref...

Michael L. I'm looking for some insight on the "quit claim deed" and the due on sale clause🤔
26 March 2023 | 6 replies

Grand rising BP fam🤜🏻🤛🏽! How likely is a bank to call your loan due on a quit claim deed if your payments are current? Has anyone experienced this, and if so, I'd like you to pm me to break it down for me please. Salute🫡

Fred Shandler Please guide my through this hypothetical process
28 January 2008 | 3 replies

1. Borrow a line of credit to have cash buying power

2. Purchase prop.

3. Refi conventionally. (This is where my questions come)

a. Is this technically even considered refinancing, or is just considered mortga...

Obed H. Bey I need a good morgage broker in the Philly area
1 April 2019 | 3 replies

I'm a green horn (never done a deal) and learning all I can. Looking for a mortgage broker in the Philly area to review my options. Any suggestions?

Aditya Bhate Down payment <=> Interest rates <=> Mortgage Insurance
22 April 2023 | 2 replies

Is this true for every case that:As Down payment increases, Interest rate increases, Mortgage insurance decreases.ORLets say Down Payment is 5%, then interest rates & Mortgage insurance will be higher as compared ...

Stewart Hulick TYPES OF MORTGAGES MENTIONED IN A RECENT EPISODE OF THE BP POD
6 May 2022 | 7 replies

David Greene was talking about a type of mortgage on a recent episode of the bigger pockets podcast that is based on the estimated income from a property instead of the typical debt to income ratio.  Having a hard tim...

Account Closed Quick Advice for Financing Strategy- HELOC and mortgages
5 December 2015 | 2 replies

Hi everyone!Just looking for some advice: My personal residence is paid off and worth the equivalent of 4-5 prospective rental properties. I do not have any investment property mortgages (buy and hold rentals) yet and...

William Coet Will Banks Give a 30 Year Mortgage to a 70 Year Old?
14 August 2019 | 8 replies

Will Banks Give a 30 Year Mortgage to a 70 Year Old to purchase a single family home they will occupy?

Peter Dalton First rental- which loan?
23 February 2021 | 5 replies

I am looking to buy my first rental property in the next 0 to 3 months. There’s a great market here for houses in the $60,000 range. I’ve run all the numbers through the calculator and I think I can be $300 cash flow ...

Jasmine Brumfield Mortgage close to payoff! Then what??
8 January 2019 | 2 replies

Hello BP fam! I have a family member who is about $5k-7k from paying off their mortgage. Property worth $30K when it was purchased. They own the property with Habitat for Humanity. Once the remaining balance is paid o...