Hi All,I've been looking at potential investment properties, mainly duplexes, and want to use the HELOC I have set up on my current residence (owned free and clear, appraised at 165k) for the down payment.  The HELOC ...

Hi all! An interesting question has come up in my circle & wondering if anyone WORKING IN commercial loans can answer this for us: Example:A new LLC is created for a group of people to purchase a property in. Owne...

I have a HELOC on my primary residence, and I want to use that line of credit to fund buying and rennovating a distressed property.  Has anybody done this sucessfully?  What difficulties or unexpected issues did you e...

Borrowed money from a friend for a business.. its under an LLC.   Company not making enough money right now to pay him back,, How do I start repaying him back with my own money, then later reimburse myself from the LLC?.

I'm having a hard time wrapping my head around the refinancing part of the BRRRR strategy. What is the purpose of refinancing the property? I understand getting a new appraisal after the rehab will increase the proper...

If i were to move to another state and try to purchase a duplex that i would use as a primary residence, would a bank approve even if i only have the down payment and 6 months cash reserves? No job in place yet. 

Has anyone recently taken up any forbearance on their mortgage payments? I was wondering what were the terms on the repayments be like? Would it be:1. A one-time payment right at the end of the forbearance, or2. A one...

I recently purchased a duplex for $450,000 with 20% down. However I pulled $50,000 out of a 401k loan with a 10.5% interest rate to be part of the $90,000 down payment. The 10.5% interest on the 401k loan is likely hi...

I am interested to move forward with a HELOC offer from my local Bank here. They offer at 5.25% interest rate, up to 80% to 90% financed for 10 years, 120 months. During their introductory time to the end of October 2...

I'm new to getting loan for my investment property. Recently signed a contract to purchase a duplex in TX. Most of my downpayment is in stocks. My family member gifted me a lump sum of money (because I want to keep se...