Nathan Duncan
Any luck securing financing with high student loan debt to income ratio?
Seeing that most college graduates leave school with a mountain of debt versus their income from their employment I was wondering if anybody has had any luck securing traditional financing with a high student debt t...
Malcolm Douglas
Contribute to 401k or pay down HELOC
Wanted to hear some peoples opinion on this question.Due to maximum loan restrictions for a 30 year fixed mortgage on a 2-unit building in Chicago, a portion of my loan is being financed through a HELOC. The interest...
Emory Peterson
Refi Questions - Cash out for investing?
Howdy there everyone! I'm starting to look into investing in a few small properties OOS. That said, just by chance I'm starting the refinance process on my primary residence. It's worth ~$350k and I owe $127k, I'm ...
Niraj Gawli
Zoning Contingency in Boston Metro
Hi All,
Any one who is investing in Boston/Somerville area would know how important zoning plays in this market. I'm looking at a property now that will have to go through the zoning process.
While putting the offe...
Dave Mills
Pay off Mortgage of my primary residence or buy investment proper
We turned our first home into investment property in 2016, and we are getting $1200 a month. The house is paid off, and its worth around $170K right now.We purchased our primary residence for $290K(Current value 340K)...
Esther Kim
HELOC on (NOO)Investment Prop.- Lenders during Covid
Has anyone had any luck in finding a HELOC lender for their investment property that is non-owner occupied? I have tried many of the lenders that were listed on this post, however the lenders don't lend in CA or on du...
Ray Williams
Agent feedback on $1.8B settlement announced?
Hi All, As an industry partner, I would love to hear feedback and create dialogue on what real estate agents feel are changes ahead based on the settlement for the lawsuit. Along with the suits files immediately after...
Hai G.
HELOC for Rental Properties in the Bay Area
Hi BP,
I have some equity in a rental property in the Bay Area that I'm looking to make use of. All the lenders (mostly banks) I've contacted do not offer HELOC for rental properties. Has anyone found success with cr...
Austin White
NC Foreclosure - Removing Previous Owner Legally
BP community, I need your help. The property in question is in North Carolina.
I purchased a foreclosed property from the courthouse back in April this year. Unfortunately, the previous owner refuses to leave. We ini...
Brian Gerace
Pay down Mortgage on Rental
I have a rental with significant equity. Have idle funds that I am debating using to pay off the mortgage on the rental property. Any thoughts on the pros and cons. Property cash flows as is.