Rick McCray
Smallest amount of $$$ you have ever invested with
What is the smallest amount you have put into a deal that turned a profit? If you have a "zero down" answer then I want your "zero down" story. Any amount of profit is fine, as long as it was more than you origin...
Jorge Galvez
Refinancing and obtaining a HELOC (same or different bank?)
Hi BP-ers - I am located in Los Angeles, CA. I would like to ask for your advice. I am looking to refinance a non-owner occupied investment property to obtain a lower interest rate. However, now is a good time to al...
Ian Cameron
Neighborhood and Property Classification
How exactly is a neighborhood classified as an A/B/C/D-class neighborhood? What are the criteria? Who decides?Same question for residential properties. What criteria determine if the property is an A/B/C/D class pr...
Shannon Elam
Confused
Hello BP. My first flip is currently in process. The contractor is okay, but I have a question. We allowed our contractor to use our store credit card to buy supplies to rehab our house. For the most part he has done ...
Orlando Ortiz
Interest Rate on a 800 Credit Score
BP Family,I've been trying to get a quote on a refi for my personal property with a mortgage broker, but it seems the interest is high. What interest rate should I expect for an 800 score?Thank You in advance for you ...
Mel Hayes
Cash-out Refi Interest Rates
Hello everyone, Like most investers right now I'm trying to do a Cashout Refi. I've spoken to about 5 lenders and I've gotten a vast amount of responses to my attempt to Refi. Some lenders have told me that they are...
Sandy Metivier
Is it best practice to shop lenders?
Hi all. Is it best practice to shop lenders? Any tips/tricks or info around this would be super helpful.My situation:Credit score of 800-805 (depending on company). I want the lowest interest rate, and lowest down pay...
Bryan Almodovar
Business credit card
Hello everyone,
I have been looking into getting information from banks in regards to a business credit card. My plan is too use a business credit card to be able to put a down payment on a property, using seller ...
William Wong
Financing for foreigners buying in the USA
What is the minimum down payment required if you are a non-US resident? I have been looking into US turnkey properties but am getting the impression that my only option is to rely on non-recourse lending. This would r...
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REALTOR REBATES or BUYER'S AGENT CREDIT
Realtor Rebates or Buyer’s Agent Credits
Realtor Rebates or Buyer’s Agent Credit can be a Massive Savings for Consumers! In addition to shopping for the best rate, terms and l...