Ryan Auber
Seeking funding methods for newly self employed
Hello BP Community!I am seeking different loans / funding methods I could get approved for to fund more deals. Last year until the end of 2021, I had a W2 job and had stable income, had no issues getting loans. I st...
Ari Lagunas
First Time Investment Property Strategy - San Diego
Hi everyone,
I’m based in San Diego and looking to purchase my first investment property by March 2025. I earn around $15k/month from my business, but my income is somewhat variable, which might make securing financi...
Jesse Boren
Financing Options for Max # of Properties
Team,
I'm not sure how to ask this in one concise question so I may potentially have several follow up questions based on responses.
Considering I have $20k-$30k to start investing in real estate. The goal is to i...
KATHY H.
Cash out refinance on rental property
Recently purchased my first rental property (basically turn key) two months ago with cash. The property is around $90k. Now I would like to refinance this property to get some cash out. Called around for a couple quot...
Chris Wunder
Obtaining an Interest Only Mortgage
I am going to do my best to make sure this is not long winded. I have bought and sold 8 homes in the past 8 years (flip properties) and have been fortunate to make a decent return on every property with the exception...
Drew Denham
Where can I find the money to buy this house?
So I found a foreclosure in my hometown - 30 days on the market - asking price 65k - Arv 100-110 rents about 950 per month but I don't have the down payment for it. My sister will loan me 35k cash but I doubt that wil...
Tom Tran
How do you evaluate interest rate to determine if the deal is worthy?
Hi guys,I am currently evaluating a refinance with a blanket/portfolio loan to cash out for a purchase of a 13 units...I exploring both avenues for loan; 1) conventional loan via WF which quoted around 4.75-5.25% or 2...
Johnnie Bembry
BRRRR Refinancing Question
Good morning BP, Can I buy a property with a conventional loan from one bank then cash-out refinance with another bank? In my scenario, I found a bank (Navy Federal) that is willing do to a $40K mortgage but they only...
Phylis D.
First Investment Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $70,000
Cash invested: $25,000
2 bedroom/1 bath, Single Family home, 967 sqft. on 3/4 of an acre, long-term rental
...
KYLE Z.
Refinancing rental property's
Hi all, So I am trying to Refi my rental property's and my personal home. The bank im working with wants to do a commercial loan for everything at 6.5%. I would rather break them up with a loan for each. They say they...