Hello BP community!
We have been getting several clients that want to use helocs as a down payment for their next purchase. In some situations I think it can work and in some other situations I think it can be risky....
OK for those of you that only have a handful (or 1) rental and a personal residence, which would you pay off first and why?
A couple assumptions-
-You have a lower pay off amount and a higher interest rate on your a...
Hello beautiful people!! I need your advice here’My husband and I are looking to buy a property that will be use as primary residence for a year or so, then use as rental after that. With this crazy overpriced market ...
I have a unique situation of home equity I have built and am not sure how to make best use of the same to buy more properties. Here is the situation:
I own following 3 properties:
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Investment Info:
Single-family residence buy & hold investment in Oklahoma City.
Purchase price: $71,500
Cash invested: $5,000
Purchased 3-bed 2-bath home as a primary residence in 2012, lived ...
What loan products are out there for a commercial mixed use 2-unit property where 1 unit is in need of a total rehab? One unit is an occupied apartment bringing in market rent and the other is an old bar that was clos...
Three young people, ( a couple engaged and a single male) were approved yesterday for move in but say they cannot pay the deposit for a week or the rent until two weeks.Should I rescind the approval and keep showing t...
Hi 👋
Just wanted to make an intro post and possibly get some input on a few matters.
In the next quarter I am looking to get my first rental property. I have around $100k in cash and up to another $50k I could use...
Hi BP! I’m looking into getting a HELOC on my primary residence since I have significant equity mainly due to the current market. I’d like to use it as a down payment or cash purchase for my first investment property ...