Pablo Flores
Cash out refi with 75%LTV no points or 80% LTV w/ 1.25 points?
What do you guys think. Have a bank that can do a cash out refi with no points at 4.875% 5/1 ARM 75% LTV and another bank that can do 4.875% 5/1 ARM at 80% LTV but with 1.25 in points? Value of the home is approximate...
Gareth Fisher
Assessing Debt Risk before acquiring another rental
I'm in the process of deciding if I would like to acquire another rental property or pay down more debt. What metrics do you prefer to use when assessing the risk of adding more debt to your portfolio? Thanks in a...
Aaron P.
Refinancing to payout investors?
The idea is this:
Gather investors to build a down deposit amount, pay them a % interest rate for 5 years. Get a 5yr 30yr-amort mortgage and carry the mortgage until that 5 yr term is over.
The question is, can I re...
Henrique Sousa
Financing Terms on a Flip - Is this possible?
Hello BPs, Here is the Scenario.. -Property purchased and rehabbed with hard money. (No loans tied to the property) ARV 105K based on recent comps.-Property is under LLC name and purchased 2 months ago in Tulsa Oklah...
Will H.
Equity
Hello BP,I currently own a investment property with a good amount of equity and would like to use that equity to continue purchasing properties. This will be my first time doing this so I need some advice from experi...
Steve Burt
Financing with <20% down
Hi all, I am looking to make my first Real Estate investment purchase within the next 3-6 months. I have will have around 30-60k to put down. Would it be possible for me to find a way to get a loan at 85-90 LTV? It s...
Matt Berklacy
does BP have a refi cash out calcultor, to understand numbers,
Does BP have a refi cash out calculator?I have never done a refi cash-out on a mortgage....and frankly don't know how it works and how all the numbers play out...I have a place in St Augustine Fl, ARV about 210k, ren...
Seth C.
Mortgage underwriting using cosigner for 100%.
I am interested in buying a sfr for 400,000 in the larger California Bay area using an fha loan or similar. The property needs a rehab, but it is livable as-is. I have been out of the country so I have no job history,...
Justin Goodin
LTC vs. LTV – What’s the difference between the two?
LTC vs. LTV – What’s the difference between the two?
Both of these metrics are used to measure, or determine risk when financing commercial property or making a commercial mortgage loan.
LTV
The loan-to-value ratio...
Bill Leonard
Private Money Lending 2nd Position Advice Welcomed
Will try to be brief. My stepson has done very well for himself over the past couple of decades, has set a very healthy amount of funds aside, formed a RE investment company, and structured it properly to access the ...