Tara Montgomery
Portfolio Lender Inquiry
I was recently informed that there are portfolio lenders that don't do a credit check, don't require an appraisal (possibly BPO), or tax returns, etc and are truly asset based. Is this possible for a cash out refinanc...
Kyle Penland
How long for a cash out refi - advice before heading to the bank.
I have a local property that I am thinking of buying all cash...My question is once I buy it, a week later can I do a refi cash out? The property is worth much more than the current asking price as its a foreclosure ...
Akshay Bhaskaran
Need advice on creative financing
Current situation: I live in Austin, TX and have an investment property in Atlanta, and almost closing on my second one. Both are $250K, and I'd to put 25% down which is $62K for each. Problem: Though I'm almost proce...
Lesley Resnick
Buy and hold lender - What rates and terms are people seeing?
I am looking for a lender to refi cash out a few properties. Seasoning is also going to be challenge as well.What rates and terms are people seeing?
Jason Rego
mortgage when you already have few rental but no personal income
I am in Southern Ontario, have few rental properties already and want to buy few more; my mortgage advisor said they are not able to finance any more; because my income does not support buying rental properties. No lo...
Dan S.
Do I have to wait for 6 month seasoning before refi?
Hi,I am looking to purchase a property for 41K that should appraise for about 60k. I was planning on purchasing with cash and refinancing out as quickly as possible. All I ever heard was waiting for 6 months to do the...
Philip Feinstein
CPA Recommendations please and thank you!
Hello BP!
I live in the Chicago Northwest suburbs and am looking for an experienced CPA/accountant to assist with taxes and returns for a mixed portfolio (w2, Realestate portfolio, stocks)
Thanks in advance!
J Scott
Impact of Leverage on Cash-on-Cash Returns
In the spirit of truly understanding some important concepts behind investing decisions many of us are making, I wouldn't to start this thread...Basically, I was surprised at the information I'm about to provide (I di...
Bunmi Alonge
REIT RE transaction
WHATS LENDER WOULD BE BEST FOR THIS?Below are answers to the questions that give a synopsis of what we are looking to achieve. Also see the attached working draft term sheet of a revolving credit facility that lays i...
Kesete Thompkins
Tapping Into Portfolio Equity with a High DTI Ratio
I have a real estate portfolio with good amount of equity (most of the portfolio is free and clear), however my personal DTI ratio is too high and that's stopping me from tapping into it to settle some debts and buy m...