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We have an LLC that owns 2 lots (no loans), we have approved plans and plan to starting building 2 adjacent homes this summer in the Oakland Hills, off Hwy 13. Great location, close to Montclair village, schools, free...
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Hello all,I've been reviewing these forums and have been doing a lot of thinking of paying off my existing investment property with my 401k funds.Current State:1. Investment property has 150k mortgage left. Valued aro...
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A local credit union has approved us for a 100% LTV HELOC on my primary residence. I will be able to access a line of credit of approximately $130,000 (Which will be more than enough for flips im looking at). I guess ...
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Have you ever had difficulty getting a loan with poor credit? What alternative funding options did you explore?
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Asking for help from experienced investors.We are buying and rehabbing an investment property for Airbnb. It will be an all cash deal so I can minimize the financing fees (buying and refi) paid to hard money lender. I...
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New to BP and RE investing, but not new to property ownership. I am 38 years old, own one second home worth $1m (paid off) and I have $2m equity on my primary home. In addition I have $1.5m of cash ready to invest. Fo...
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I have been reading these post for a couple days now and been overwhelmed with great information. My main question is is there a book or something I can get to help me understand how to get started without alot of mo...
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Has anyone had experience getting a line of credit on investment properties? What are the LTVs, requirements? Thanks!Matt
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So initially i was told by my loan officer that did my refi on my primary, that if i tried to do cash refi on my rentals that i would run into the 6 month seasoning rule. now after 4 months I spoke to his manager and ...
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Aloha BP!If an owner was willing to seller-finance more than 30% of the property's value, would a lender be willing to loan me the remainder of the deal? For example:Property worth : $320kSeller-finance : $120kLoan : ...