I’m planning on purchasing rental properties in the near future. Once I’ve gained rental income, I would like to finance a Condo and even more rental properties with my income from rentals. However, I’m a bit confused...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $810,000
Small Multifamily in Upper Arlington on N Star Ave
What made you interested in investing in t...
Looking for advice on the best form(s) of bank financing. I have typically been getting commercial loans with a 20 year amortization at up to 80% loan to value. This works fairly well when it comes to holding the pr...
Seeking a bank that offers a prImary resIdence HELOC (All In One). We use PLOCs for our rentals and they work very well. We don’t want a fully amortized loan but a simple interest HELOC. Any bank leads are welcome. W...
Hi all,I have been using a credit line to purchase properties in cash. This gives me better leverage to negotiate with the seller. Then I refinance on the other side after Iv done repairs. Recently, I spoke with my le...
Hi,
This might be a dumb question... I have a general question regarding buying a property using an LLC. I will be closing a cash offer deal with a wholeseller and this is my first time purchasing a property using my...
Hello there,Would anyone be able to offer some ideas or contacts regarding loans/financing? We are looking to purchase in the Charlotte, NC and surrounding area. We have considerable equity built up in a number of ren...
Hello BP Community, I am currently working on wrapping up a refinance on my first investment property. I was able to purchase the 4-unit foreclosure by utilizing an FHA 203k loan for purchase of $170k, plus $85k renov...
Hello,I'm currently in the process of applying for a PAL. Basically, it is a revolving line of credit secured by cash and securities in a brokerage account. The line can be used for non-securities purchases, such as...
Hello everyone, I am looking for any input or ideas y’all can throw at me, as I will be completely open here:I have recently (3 weeks ago) purchased a single family home (rental property) in Akron Ohio for $39900. It...