Hello all.I have recently started asking around about helocs rates, terms, and how they work. I was under the impression it was much like a credit card you have interest only payments on the balance you carry. Today h...
Hello,My current tenants are leaving at the end of the month and have put the property on the rental market. I don't want to disturb the current tenants with just curious viewers, so I have informed everyone intereste...
Seller financing, seller carryback, second mortgage, etc. Any and all ideas welcome...please be as specific as possible regarding how you would structure the deal. (ie terms, rates, etc.)Definitely a loaded questions ...
Hi All,
I'm down to 2 prospective tenants for my first rental and was
wondering if anyone had any experiences with co-signers? One prospective
tenant has a decent income and is keeping under the "30% of your inco...
We all have been instructed to set a criteria for the renters we want to attract and are willing to rent to. Brandon's book on managing rentals is a great primer and guide on the subject. I have read articles on wha...
Looking for advice on how to help my son get financing to buy his first house. He will be graduating in December 2019. But he wants to buy a house ahead of time so he can get it renovated by the time he is done with s...
Hi BP Fam
I am in the process of doing a Cash-out Refi (75% LTV, 2-4 unit mix, new loan amount approx $1.9M/1.25 DSCR min) and just wanting to see what sort of comparative rates others are getting out there at the mo...
I am a 17 year old with (obviously) no experience in real estate, I was wondering how I could go about renting one house to multiple people. would I have to make one person the head of household, or could I simply col...
Hi, I'm new to the real estate flipping scene, and I was wondering if maybe somebody would be able to answer a couple of questions for me?1. When doing a flip using a hard money lender, are there any lenders that do n...
Just need some help with renting a house in a low income area. I've got a potential tenant that has a credit score of 563. They currently owe around $5,000 to various companies. They do make 3x rent as far as income a...