Richard Tyler
Looking for lender for HELOC on my primary residence in California
Hello everyone. My primary residence is in California, and I own it free and clear. It should appraise for about 2 million dollars. I'm looking to do a HELOC for $1 million dollars on my primary residence. I've ca...
Charles Timmins
LLC effect on getting lending
Does a buyer working through an LLC affect how hard it is to get a hard money loan or to refi after the property is bought?
Charlie Goff
Tax returns not done, have my home sold but cant get conventional financing help
Just found this forum doing a search on google. I currently have 13 rentals (3 fourplexes) and a commercial building, plus some commercial land.
I have my house sold for 545k, contract on my desk but because ...
Caleb Wilson
Home to Sell Contingency or Bridge Loan
I have a client who is looking to put an offer in on a residential property listed at $500k. However, she currently has a home and would need to sell her home OR provide ~$325k down in order to make sure she can affor...
PJ Collazo
Can I qualify for a new mortgage using prospective rental income?
How lenient are lenders in the current economy with deducting prospective rent when seeking a mortgage on an investment property?I'm wanting to downsize, rent out my current home (45% equity atm), and purchase a new p...
Tj Hines
Multifamily Property Managers w/ Repositioning Experience
Our team was able to go and acquire capital commitments for $10MM We are aggressively ramping up our acquisitions in the multifamily space - particularly Class C & B apartment communities with a value add compone...
Patty C.
Would you rehab to sell or rent in today’s Sacramento market?
If you have a free and clear property that needs substantial work in a desirable location,would you rehab to sell (that includes some structural changes and more designer features) or would you rehab to rent and d...
Michael Ming
Seeking Advice: Managing Tax Obligations and Property Down Payment
Hello everyone,
I find myself in a challenging financial situation and would greatly appreciate any guidance you can offer.
I have a pending income tax payment of approximately $200K for the year 2023, due by Septem...
Matt Beans
Explaining the purpose of the contract to the seller
Hey BP!! I have created a sellers list of vacant properties by driving around, but im a little apprehensive to send letters due to uncertainty. How do i explain what im doing with the property? Do i tell them im bu...
Brandon Morgan
analyzing a deal, first property, buying strategy.
Hi all I am new to real estate and just bought my first property last year. It is a duplex near scranton PA. the Mortgage is about $2,400 and each tenant pays $1,550 monthly in rent so I make about $700 in cash flow m...