Clayton Bray
30 year or 7/1 Arm for a Refi?
Hey Good People! The lowest rate I can get is with a 7/1 Arm on a Refi. Being that this home is a business, is it best to go with the lowest APR? The difference is pretty big for the next 7 years... Chances are high t...
Barrett Johnson
Financing first Rental Property-Within Arms Reach
Hi folks, first post here but I love the interaction I have been seeing.
I have an arms length opportunity and I am looking for what many of you folks would do in this particular situation.
The property is a 2 unit...
Fred Cannon
1031 question co-ownership
Co own two properties with sister. We plan to sell one unit at the next vacancy. Can I do a 1031 exchange and buy her out of the second unit with the proceeds received. These are identical properties (condos) same...
Laurent Spira
how to buy a property that has two loans
A friend of mine who is struggling and hasn't paid his mortgage and a line of credit for more then a year. i would love to buy the house in a short sale. how do i do it with two outstanding loans? Thank you
Hollis Welsh
Adding son to Title on 1031 Exchange?
Hello, I have a RE client exercising a 1031 exchange, he has sold his investment property, and he and his son (who will be renting from dad at fair market value) have found a property that requires an owner-occupant. ...
Jason Thomas
HELOC vs Cash Out Refi on Primary residence to purchase Rentals
Looking for guidance and insights from fellow BPs.
My primary residence is paid off, so what would be smarter...take out 300K to purchase in cash a couple duplexes via HELOC or Cash our Refi?? As I understand it, the...
Keith Howes
Current interest rates?
my wife and I are doing a cash out refi so we can hold onto cash for a future down payment on a future house. and I'm not sure what interest rates are doing, do they really matter, should I wait till after the electio...
Account Closed
Can an owner Short Sale while in a Loan Mod (in New Jersey)?
Hi All, I have a question that I am not quite clear about and was hoping someone has dealt with before. Does an owner who is currently in a loan modification and making payments on it have the option to short sale the...
Brec Bassinger
RECOMMENDATIONS FOR SOMEONE WHO SETS UP LLCS
Just got a new property under contract and am needing to quickly set up the LLC that will be purchasing it. It is a Florida property. The last person I worked with charged an arm and a leg and while they were very eff...
Steven Nguyen
Apartment Complexes - OKC and AL
Hello BP Community,For those actively investing in OK or AL, what are your thoughts on the market? I've been doing a direct mailing campaign for medium apartment complexes (20-100 units) and owners seem to want an ar...