Hello,Has anyone on BP been able to take the residential loan and refinance it into a commercial loan? Someone from BP provided me with this idea and I am wondering has anyone successfully performed this. I have a few...
Hi, I’ve been learning for years about REI, have great equity on my home, decided to apply for a HELOC but before wanted to hear some advice about who offers the best product. I’ve read about BofAmerica as the best on...
I had a conversation the other day with a HML that now has a 30 yr fixed product for investment properties. The properties have to be held in an LLC and they do one property at a time. Not a blanket loan. 80% LTC H...
Looking for a commercial DSCR loan product without a personal guarantee.Can anyone provide a referral to lenders out there offering a product like this?
Any brokerage houses in NJ offer their sales agents commission free discretion on personal purchases?Understand many brokerages offer the option after a certain annual sales goal is satisfied, yet interested if any of...
So today I decided to take a HELOC out on a rental property that is out of state. I called BofA and the lady said no HELOCs on investment properties. No way I thought and asked to speak to someone else. After much ...
Elderly woman in her 80's needs to remodel her 2 bathrooms. A representative from Kohler came out and gave a bid of 38k for new showers which does not include any other work like new flooring, vanity and toilet etc. T...
We have owned a home for over 8 Years and rented it for the last six years in California. Can we occupy for the next two years and then sell as owner-occupied to avoid capital gains?
David Greene mentioned a DSR loan in one of his recent youtube videos which I've never heard of. If I understood it correctly-it's simply a loan that does not use your W2 to qualify but the lender would look at the pr...
Hi BP,I currently have 4 rental properties with mortgages under my name. I am looking for my next property, but would like to finance it under the name of my LLC. All my LLC has is a credit card. I only have 1 year...