With this type of financing, can I refi into long term financing with bank, when it’s time to pay off seller? Or is it treated as purchase (requiring 20% down with bank)? Is deed in my name right out of the gate or is...
I received this article from a friend who runs a local landlord meeting once a month. I had reached out to him looking for HELOC assistance for investment properties. I have a meeting tomorrow at 10 AM with a local ba...
From my research, owning a condo as a primary is more restrictive than owning a SFH because lenders view condos are higher risk. Is that true? So if one wants to buy investment properties, is it harder to get approv...
Hello BP Friends,
I’m residing this rental property I purchased. It’s only 600 sf 2bed 1bath. So I figured it would be a great time to learn how to side a house since I’m quarantined. I’m only familiar with brick si...
I have a property I am interested in bidding at auction and need help figuring out a max bid. this will be my first auction purchase. I have some experience working for my dad as he has around 30-40 cheap rentals, but...
Does anyone know current traditional mortgage rates for 15 and 30 year notes in Lubbock, TX? Typically, I BRRRR with ARV loans through a local bank for our investment properties, so I'm not up to speed on traditional ...
Hello everyone!
I believe that I found a sfh that would be a good first investment property for me but I would like someone else to look over my numbers.
It is a 3 bed 2 bath house with an attached garage. 1600 sq f...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $140,500
Cash invested: $21,500
This is a side by side duplex with each unit having an attached garage. It ...
anyone here tried velocity banking with the Heloc , just curious
Good day,
I have interest in applying for a loan from one of the commercial banks to build apartment blocks for rent.
Please help me with a template(excel) that i can use to prepare complete financial p...