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