Hi! Does anyone know of a lender that does second mortgages or helocs on rental homes in in LLCs? I’ve talked to some lenders that state there’s usually a 4 property limit on these types of loans.
Are there any lenders out there that will let sellers carry a second Mortgage
Good morning,I am looking at property on Hubzu.com have any of you purchased property from Hubzu?
Hello,I am in the due diligence phase of buying a performing 2nd lien note. The homeowner has been in the property for 15+ years and is current on the 1st and 2nd mortgage, which is good. I did a BPO (as this is my ...
I don't know if this is a common thing, or may be it's just a pure coincidence that I came across a few times just in the last two months.
When I schedule with a listing agent to see a home, and most times it...
How often do you rekey your properties? Or under what circumstances?
I'm looking at a deal that is 3 bed/2 bath but that includes a main house w/ 2&1 and a carriage house with 1&1, the property also has a 2 car detached garage. I understand using the BP calculators to help with...
Landlord using income criteria, which one would you suggest from list below or there other alternatives? 1. Combined income of 3x2. Each applicant has 2-3x income 3. At least one of the applicant has 3x income4. Any o...
Type of Business: Three High Volume Restaurants. The restaurants are a combination of Quick Service and sit-down.Size of Restaurant: Each restaurant building is approximately 3,500 SF. All three have large parking ...
Hi BP community. I currently have one apartment building that has appreciated materially. I am negotiating financing on a second property in the same market. The new lender is recommending refinancing the first proper...