Joe Vastola
Better off putting 20% down or paying for PMI?
I am looking to buy a SFH and am wondering if it is smarter to just put down 20% or put less down and take on the expense of private mortgage insurance. I'm assuming the cost of PMI is based on the size of the loan an...
Kelvin He
Will putting my properties in an LLC lower my DTI ratio?
Hello,I have two investment SFH but they are under my personal name. I was wondering - if I move one of the properties to an LLC, will that lower my personal DTI to allow me to refinance the one that is still under my...
Mark Byrge
Commercial loan refi at term end
I am currently approved for a commercial loan that is amortized over 20 years, but with a 5 year term. At the end of the 5 years, are these typically "refinanceable"? Or should I be aggressively trying to pay this dow...
Fab Saiz
How to assume a note
Scenario:
Property price 32k has 20k note at 4.5% on it. I want to pay 12k cash and take over the note. Is this possible if so how?
Thanks in advance
CJ O'Loughlin
Lender that does an immediate refinance for a 1031x
We're in the process of doing our second 1031x this year (shoutout to Dave Foster for keeping up with all my newbie exchange questions).
I have an offer in on a duplex in northern Colorado. Anyone have any experience...
Nicholas K.
Need Help Understanding Hard Money Loans. Thank You!
I am new to the BRRR process and I am trying to wrap my head around how hard money loans work. My questions are; Does the money pay for the property and the rehab costs? Do I put a down payment down? And if so, doe...
Ryan Moore
Can a loan from a family member be turned into a secured loan?
Is there a way to turn a non-secured loan from a family member into a secured loan that a mortgage lender would allowed to be used towards downpayment on a rental?
John Street
Guidance on funding a BRRRR in Birmingham Alabama
I have a deal that looks really good on even my worst case calculations with the BP analyzer. I would like to BRRRR this project and use a Private Money investor or Hard Money Loan for the purchase and rehab.I plan to...
Lela Chavis
US Citizen/Foreign Partner Looking For Financing Options
Hey everyone,I'm a U.S. born citizen but have been living in Sweden for several years now, where I and my wife reside. We're looking at buying a SFH in Ohio or Arizona (where we have relatives) as an investment proper...
Derek Lee
Tapping into Equity - HELOAN vs Sell
BP Community, thanks in advance for your input. I would like to get your thoughts on the most efficient way to tap into equity.
I purchased a SFH and Duplex back in 2020. Both properties are currently at a 50%~ LTV....