Tiffany Spann
Are two hard money loans possible for one property?
Is it possible to get two hard money loans for a property that is being flipped? One loan for the house, the other loan for renovations.
Doreen Hall
Is it hard to get a Cash out refinance on duplex investment
Hi! We Have an accepted offer on a duplex that we would like to purchase and renovate. I have a HELOC on another property that we can use to buy that property outright. My mortgage broker tells me that it can be hard...
Joe Shields
Seeking $300K for Boutique Hotel Downpayment by Feb 9 - Collateral & Equity Offered
I am currently working on acquiring a commercial vacation rental property, which I plan to transform into an 18-suite boutique hotel, complete with a public bar/restaurant and a pool. However, I'm facing a shortfall: ...
Daniel H Truex
LTV = No money down?
I have a two quick questions that I am hoping someone on here can help me understand.I have a possible deal where the (commercial) building will appraise for well over what they are willing to sell it for (30% +/-). ...
Account Closed
A loan from a relative
Hello everyone. I'm currently working on buy my first rental property. I have a relative with some disposable income. She is looking to invest, and said she'd be interested in funding some of my deals. I would need ab...
Thomas Giddings
Lending Options for Foreign Nationals
Hello! I am a Foreign National based in the Caribbean and I own a multi-family property that needs a little rehab in Cleveland, Ohio. I was wondering what financing options would be available for me against this prope...
Erwin Miciano
First Million Dollar Refinance?
Hey BP,
Just closed on our first property in Sunny San Diego.
Quick run through : Triplex House Hack VA-Owner Occupied
Purchase price: 1,100,000
Loan amount : 1,125,000
Rate: 3.125%
I'm looking into refinancing ...
Terell Brown
Is 75% of LTV standard for cash out refinancing?
I called a couple lenders today to enquire about a cashout refinance on BRRRRR properties. This is specifically on a property that has been acquired, rehabbed, and rented in the span of 2 months. They are all telling ...
Griffin Goudreau
Best Investment Strategy for First Purchase (High Priced Markets)
Hello,
In a high-priced market (i.e. San Diego) with $100K to invest, which investment strategy (fix/flip, hack, buy an hold) and what property type would be best for a first-time property investment. Obviously "it ...
Evan Brookman
HELOC for a rental property
Hey everybody, I’m looking to get a HELOC for a rental property that I own and I’d like to fix up. Does anyone have any suggestions of where I should look? Thanks!