Amanda Lindsay
Need creative ideas for a loan
Hello, I recently started a property management company and currently manage around 80 properties. I also have a rental property that is paid off and in my name. I would like some capital to fund my bank account and p...
Sam Stabler
Owner Occupied Duplex: Mortgage Rates?
Does anyone have an idea what mortgage rates are for an owner occupied Duplex? Most multifamily are invedtmen, but this would be an owner occupied property. Just wondering how close the rate would be when compared to ...
Ariel Nixon
First Rental Property - Financing Strategy
Hi All,I'm in the works of my first SFR deal.. Its a 2bed/1bath home that I plan to add another bedroom to plus a little rehab. I've ran the numbers and they look good (conservatively around $280 monthly cash flow, ca...
Brandon Larson
First Time Home Buyer looking to HELOC for a BRRRR
First-time homeowner and BRRR. I have owned my duplex for 18 months now. One unit is renovated and rented, and I occupy the other unit. I have significant equity in the home because of a large down payment. I am looki...
Robert Stamper
LOC on Investment Properties
Hi All,
I'm looking for a line of credit against a rental property that I currently have a 60% LTV on. I could do a cash out refi, but the fees get expensive and it just isn't as flexible. Does an LOC on investm...
Ryan Lewis
Using cash vs. HELOC for next investment property
Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).
I'm trying to determine the best approach for the 25% downpayment, comparing usi...
Zariyan S.
Mortgage is paid off, should I refinance house to buy investment?
Hello,My current house market value is ~$350,000 and paid off. My wife and I are interested in buying an investment property to rent. However, we don't have a sizable downpayment at the moment.Would it be worth refina...
April Smalls
Should I Refi?
I bought my property last year September. I wanted to refi but I am unsure of the 1. the process 2. is it the best call? due to it only being a year and not much equity in it. I understand alot variables contribute to...
Account Closed
Pros & Cons of purchasing multi-family buildings with more than 4 units.
My wife and I currently own a 4-unit rental property (4-plex) in Los Angeles and are now in the beginning stages of looking into purchasing a 2nd income property.
Our agent (who we trust very much) encourag...
Jose Castillo
FIXED COST
Hi BP,
I was trying to figure out what is the average fixed cost in Massachusetts for an end buyer in the Hampden County Area, anyone has a clue what these numbers usually look like? I'd appreciate any advice. I would...