Tom L.
Credit card lines of credit
I have an opportunity to get several credit cards who's limits will exceed $50,000 combined. Does anyone have experience with this type of funding for real estate?One of my concerns is that I won't have access to the ...
Ian Dale Ibrado
Using Heloc to buy larger multifamily
Will be purchasing a 4plex next year which needs roughly 80 to 100k down payment. Im thinking, instead of a 4plex at 100k downpayment, Ill use 50k of Heloc to add to my 100k for a total of $150k to purchase a 6plex a...
Scot K.
Is a 403K FHA the best way to house-hack a 4-plex
Hi, I want to buy my second rental property but I'm not sure the best way to go about the financing. I want a 4-unit building, rehab as many units as I can, live in one for a least a year and then move out and rent th...
Ronald Rucker II
HOUSTON NEWBIE ADVICE
Hello BP Family! My name is Ronald and I'm going to jump right into it.I'm currently looking to secure a joint loan with myself, my mother and fiance for a property in Houston, Tx. A little about our situation: I h...
Danny Casique
Don’t know where to start to buy first home.
My wife and I want to buy our first home but don’t know where to start. Her credit is around 710, mine is around 640.Our income at the end of the year combined is around 88,000. I’ve had my current job for 2 years. Sh...
Ronald Rucker II
SINGLE FAMILY, DUPLEX, TRIPLEX $100K-$300K FOR JOINT APPLICANTS
Hello BP Family! My name is Ronald and I'm going to jump right into it. I'm currently looking to secure a joint loan with myself, my mother and fiance for a property in Houston, Tx. A little about our situation: I...
Michael Vest
Cash, Delayed Financing, or Conventional/6 month Refi Purchase?
I'm running into a snag on a purchase we are working on.Background: We are doing a 1031 exchange. Two LTR townhomes into a larger active STR. COE 7/9 and 7/15 on sales. $320k net combined proceeds; $250k mortgage payo...
Shu Zhu
70~75% LTV of ARV for a developer
Hi All, I'm exploring to be a private or hard money lender. Went to a meet up today and learned that a developer, who seems to have a good track record based on his own account, usually borrows at 70~75% LTV of ARV f...
Jessica Wieser
Should I invest in cash or take out a mortgage
I have about 500K to invest. I am a new investor and have not dipped my toes into the pond yet. I want to make a wise decision for my first investment. I am in the process of educating myself on options. I am consider...
Tanner Holligan
Second Property Purchase
I currently own and rent a property I purchased 3 years ago on a USDA loan in the Mont Belviue area(just east of Houston), and cash flow 475 a month and am currently in the process of purchasing my second home in the ...