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Hello,I am researching an abandoned building which I finding has multiple liens. I understand typically liens go first in time, but need some clarification for this scenario.The are 3 liens on the property, here is t...
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Investment Info:
Single-family residence buy & hold investment in Baker.
Purchase price: $80,000
Cash invested: $30,000
3 bed 1.5 bath Found on MLS listed at 100K and negotiated to $85k. Renovati...
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*This link comes directly from our calculators, based on information input by the member who posted.
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Hi everyone! My first property that I am closing on just refinanced for $60,000 over what I offered on it. Would it be smart to do a cash out refinance once the title is switched into my name? Thank you!
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Hello BP Community,As I’m sure you are all aware one of the biggest challenges with real estate investing is financing. Whether it’s financing the purchase of a property or refinancing an existing investment property ...
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Home value is 325k - 350kPurchased at 160k and refinanced last year at 2.75% and still paying off closing costs for another year
Current Loan balance $108000
Current mortgage $869Rehab needed $15000
Rental income e...
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For most properties, lenders won't do a deal if a property needs work. Choices are HML or local banks. If you didn't want to deal with that, but have good credit and a 'charge-a-plate' (hee hee), have you ever purch...
Hello Everyone,I found an off market deal with a retiring landlord who is starting to sell off their properties. One of the packages they are offering me is two properties (5 unit and 4 unit) for 1 million dollars tot...
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Hey BP,I really enjoy the type of community that BP has and I am excited to get started investing in RE. I do have some beginner questions about a theoretical loan for ~100-200k:- How early can I get pre-qualified for...
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What banks have you used in New Jersey (Mercer County) for a Cash Out Refinance? Does the bank require the property to be rented out for a certain amount of time? I just bought the property in September without a mort...