Aaron Gallington
Can I get a second heloc on primary residence
So I have a home we built 5 years ago. We have a 480k mortgage on it, we have a 400k heloc as well that I use for investment purchases and then refinance after we fix up to pay the heloc off. I have done this with 3 p...
Shayan Sameer
Advice Needed: HML vs. Business Loan or Credit for Fix & Flip Projects
Hi everyone,
I have a question for all the fix-and-flip investors here. I’ve done a couple of fix-and-flip projects in the past using a hard money lender (HML), which has its pros and cons.
I’m currently looking at ...
Tyler D.
I want to buy the most expensive 1-4 unit property possible
As in $2million or higher. I know, I'm an idiot. But before you pull out your pitchforks and tell me about cheap cash flowing houses in the Midwest, let me explain.
I have a VA loan that I want to put to work. Recent...
Brad Sanders
Credit utilization score impact
HI BPersI want to know how much my credit score will be effected by adding a new card My previous credit utilization was 68% My Fico 8 was 701-706TU /Exp was 655-656The new CC available limit should lower my utilizati...
James R. Copeland
Better to cash out refi after Jan 1?
A couple questions for whoever has answers:
1. Do the county loan limits go up annual, effective Jan 1?
2. If I was thinking of refinancing to pull cash out to the county limit, would it be better to do it soon, sin...
Rick Im
2nd mortgage lender
Does anyone know of a lender that offers second mortgages on rental properties? I’ve been working with several lenders for DSCR loans, but I’ve found that the fees are quite high, with minimal benefit in terms of lowe...
Jay Hinrichs
Las Vegas Nevada So much for the predictions of real estate doom
For any of you that followed last years threads on Vegas imploding on itself real estate wise because the Casino's had to close etc.Well a year later its on fire the market went the exact opposite .. WHY who has opini...
David Meier
No more DTI, lots of equity. What’s next?
Hello All, my wife and I have 6 doors in Denver. We have a bunch of equity and have reached our DTI limit. Therefore a HELOC and cash out refi will not work. We would like to use the equity for a down payment and a...
Johnathan Le
No Cashflow Northern VA
Hey BP,I've been eager to enter the real estate market for a while now and have been a dedicated fan of BiggerPockets for years.I visited a 1-bedroom condo in Ballston yesterday, and it has a small den.After researchi...
Chad Kamerad
are these good terms?
I think this is a good deal and a good bank to work with. Just wanted some feedback. The terms are as follows: 20% down commercial 3.5% 5/1 ARM 20 year loan. Loan gets adjusted every 5 years and will not be raised ove...