Peter Morgan
HELOC or Refinance mortgage?
HelloI am having a hard time wrapping my head around the HELOC.Can I consider HELOC as an adjunct to my primary mortgage?Say the remaining loan amount is 500k and say I have about 50k built up in equity.Would it make ...
James Maness
Financing
I am looking at a 44 unit complex with a NOI of about $287k prior to debt service. Historical occupancy rate of 93% (last 5 years). My salary is in the 200k range. Credit score 790. I currently have 2 SFH I use as...
Bonnie Low
Considering Making a Subject To Offer
Our market is very hot, like many places. Inventory is at historic lows and as soon as something hits the market - no matter what kind of shape it's in - it gets snapped up. Every Realtor has multiple investors lined ...
Anurag Pallala
New Bie BRRRR strategy implementation ideas
Hi I’m a software developer. I lost my job in Pandemic for 7months and started working from Feb2021. I have stocks around $30k as the market is not doing great I’m expecting them to go up to $40k in few months. I have...
EDWARD M.
3.25% FHA Rate With 10% Down?
I keep getting feedback that it is currently impossible to get a hold of this kind of loan. I have loan disclosures, mortgage commitment all showing a 3.25% fixed FHA rate with PMI coming off during the 11th year beca...
David Smith
High cap but low price to buy.. catch?
I see some areas has super high cap rate ( around 15% ) and per unit price is very LOW. Not much crimes. And, there are lots of inventory to buy. WHY?
Saige Louis
HELOC vs REFINANCE
I bought a duplex for 80k and fixed it up, renting both sides now it is work about double that. What would be the best way about either a HELOC, or a REFINANCE?
Ryan Dossey
Beginner question
When I start to hold properties I have a basic question.If I am getting leads that are off market and getting them at 70% arv - repairs shouldn't that count towards my down payment? If I use a HML to restore the prop...
Vincent Pelletier
Looking to buy my first investment/home?
Hello,I am looking to buy my first property. I need a place to live but also want an investment. So I am looking for a single family home w/ basement suite(live in the suite, rent the main part of the house).Right no...
Bryan Martineau
7 and 1 ARM, or 30 year?
Last year I purchased a triplex under value market with an FHA loan. We lived in it while we fixed up all three units. We recently found out about the BRRRR strategy. We would like to use the equity on the home to buy...