Hi all. I'm looking at a couple properties that have multiple houses on the same. The only options with my banker are to do that as a commercial loan with a variable rate (fixed for 3-5 years) and then adjusts. The...
I am looking to narrow my property search for investment properties to about 30 min from my main location (don't want to drive an hour to plunge a toilet). I have found a few tools that create an estimated boundary m...
Greetings BP
I’m am looking to get a HELOC on my investment property for the purpose of growing my portfolio.
I recently discovered the concept of 1st position HELOC which would replace my conventional mortgage wi...
I have an REO transaction that has been dragging on for almost 2 months now. It started as a simple flip. This is scenario:
-House has ARV of 120k
-We are under a JV agreement to purchase the House for 30k private f...
Hello BP!So I would like to get insight to see whats the best way I can approach this situation I found my self inI made a loan with my dad and he is unable/ doesn't want to pay me back. He rather offer me his Duplex ...
Hey BP community - looking for some feedback on this idea... I'm in the process of buying an investment property outside the US (Cayman Islands), for which I can get a (US Prime + %0.50) variable loan from the local b...
How scary is it to have an adjustable rate? Could it shoot up to 15% interest like back in the past? I'm getting a 100% financed sba loan for an office building, and their rate is adjustable. There are hefty early pay...
I have questions about refinance while using the brrrr strategy. Once your getting ready to refinance, what kind of loan would you get? For example let's say I purchase a property for $300k and its value for $450k (th...
Hi All, I'm new to this forum and very interested in doing some local foreclosure flips. I currently own a home which i just closed on a refi after living here 5 years, valued at 550k in which i have about 120k in equ...
Hi BP,
I run STR property management down in St. Pete/Tampa, FL. One of the top question I receive from homeowners and investors is, "How much could I make each month if I STR'd instead of LTR'd?"
Since this questi...