Marc Boiron
Undisclosed Debts
I am in the process of purchasing investment properties. The loan documents that I signed required that I sign an undisclosed debts document, providing that I agreed that I did not have any undisclosed debts and ...
Thomas Willingham
Selling 1/2 of Partnership
So I own an occupied commercial building with a partner. The building is in an LLC owned 50/50 with a partner. I have somebody who wants to buy my half. There is a loan on the property, but also quite a bit of equi...
Darren Looker
Converting Primary Residence to Rental Property and Cash Out Refi
I recently converted my primary residence into a rental property and have a tenant for 1 year. Market rent is $2800, mortgage, taxes, and insurance is $1500. If I max my LTV to 75% with a cash out refi, I will break e...
Charisma Freeman
Need Down Payment for MFP
I found an awesome deal. 3 multi unit properties for sale- buy and hold all rented. I qualify for financing, however I don't have the 25% 90K to put down. What are the best ways to finance this portion?
Nathan Frost
How to use HELOC to invest?
Hi all, what is the best way to use a HELOC to add properties to your portfolio? Could you possibly use it as repairs for a flip? I have 10 LTRs currently but would like to get to 12 and eventually 15 so I am trying...
Dagart Allison
Should I refinance for a lower monthly payment?
Here is my current situation:30-yr fixed at 4.25%, current loan amount $166200, monthly payment $1115 (PMI included), condo purchased 9/15Refinance terms:30-yr fixed at 4.25%, loan amount $172793, monthly payment $100...
Chris Mendoza
HELOC to buy a STR property
Hello all, I currently have a question that I have been trying to wrap my brain around. Currently, My fiancé and I have our primary residence which we just started to rent out. We would like to take a HELOC out on the...
Hiren Patani
Buying from Auction.com courthouse Event
Hello,I'm a new investor and planning to buy a property from Auction.com at their monthly courthouse event next month. BP users would you please share your experience good and bad with Auction.com and also with the ho...
Kevin Thomas
Credit score - Heloc and investment properties
We are considering buying a business which will require a business loan and are still looking for duplexes which we would prefer to finance. We have substantial equity in our primary residence and thought we should s...
Cody DeLong
HELOC affect commercial mortgage?
Currently in the process of getting a commercial mortgage for a big multi unit property. I’ve had another solid deal come across my plate but it is all cash. I have about $100k in equity in my house. If I were to esta...