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Results (10000)
Account Closed What part of rental income do lenders consider?
14 September 2024 | 10 replies

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...

Ian Appold Upper Arlington 4 unit
7 July 2022 | 12 replies

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...

James Pollock Best Form of Back Financing
23 August 2016 | 2 replies

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...

Josh Belgard HELOC AIO All In One
25 February 2024 | 25 replies

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...

David B. New Seasoning rules for cash buys?
28 March 2023 | 7 replies

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...

Jean Castillo Do I sign as a LLC or my name?
23 February 2022 | 5 replies

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...

Jim Kalish Acquiring financing/loans for flips and holds in Charlotte, NC
7 December 2017 | 4 replies

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...

Garrett Tierney Qualifying for FHA loan with 1099 income vs. W-2 income
10 September 2020 | 2 replies

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...

Michael Kretch Pros/Cons of PAL (Pledged Asset Line of Credit)
8 March 2021 | 6 replies

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...

Michael Brockett Looking for financial ideas with a recently purchased SFH in OH
12 February 2019 | 5 replies

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...