Hi folks. I have a HELOC in place, and I'll likely tap that line sooner or later. Just wondering if anybody here has noticed a negative fluctuation in his or her credit score as a result of establishing a HELOC and/or...
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Hello BP,I am a beginning investor in the Bay Area. I recently got pre-approved for a mortgage and teared up a little when I found out what I could "afford." Upon realizing that my house hack plans may be delayed, I ...
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I purchased a multifamily property downtown Charleston Sc. They just announced a new plan to bring affordable housing and improve flood/drainage issues in the surrounding area. Would this negatively or positively af...
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Hello BP,
I am a new member out of Connecticut, New Haven County area. I am a aspiring real estate investor, looking to invest in multi-families and possible some commercial apartment buildings later down the road. I...
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Remember to ask your lenders for help
I've been developing a working relationship with several Banks over my investing career and it’s important to develop multiple relationships.
When you owe a ...
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My first and only rental property in East English Village has been underperforming since I acquired the property in 2019. I believe it can do well if renovated to attract higher quality tenants and rent at the market ...
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Can any lenders who do conventional lending tell me how wide a snapshot you’d take of my debt obligations when calculating DTI? Like, does the short-term debt service I have now really hamper my borrowing capability f...
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Hello,I am an attorney in New York. I have been involved in corporate finance, litigation and real estate for over 15 years. I am a new real estate investor in the New York area. I am focused on purchasing multifam...
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OK, since it's a very popular topic here and both sides don't seem to agree on anything (like the world we are living in right now), I'd like to offer you what I saw (from an "almost" 3rd party perspective) and hopefu...
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Hello. Detroit investor here! I have one single family home and in search for my second rental property. Currently, interested in a recently toured brick duplex to BRRRR. One side is vacant which looks like mainly...