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I am refinancing a portfolio and instead of a cash out refi, I am pulling a property out of the loan that equals the equity in the portfolio. My loan amount stays the same + plus closing costs and a higher interest ra...
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Looking for advice on financing my first rental property. I have a significant amount of equity in my primary residence. Am I better off doing a cash out refinance on my primary home or a HELOC?
Mortgage details:
Ap...
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I'm looking for additional funds to finish repairs/rehab costs. I've opened a HELOC, done a cashout refinance, and opened a business credit line for the LLC already. I'm trying to be creative and find extra funds if w...
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I have one property that I purchased in 2019 from a turnkey provider, so there were no expenses on my part other than getting the mortgage. The first tenant moved in in January, so there was no income in 2019.Is the d...
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BP friends, I need some advice. I just bought my second vacation rental with Cash after told the day of closing that the HOA said the occupancy rate for the condo plex was >50% rentals, and they couldn't finance u...
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I have an interesting property, with what I think is a solid game plan, but I'd love feedback, and I'd like to know what would you do.Property is a 5 pad park with a duplex and one abandoned pad that will need work (r...
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Hi there, I am looking to buy my first doer-uper property to rent out and am looking at working with an angel investor to help fund this. I am getting a bit confused as to how to pay the angel investor back in one lum...
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Let's say an investor paid all cash for a property ($70,000) but now needs a little cash ($15k) pulled out. He's got terrible credit and is self employed. Are there hard money guys who can do this in a week or two?
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I have money but no job yet can I buy ?
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Say I have found a great deal on the MLS, and I want to purchase it. Assuming I know potential investors, how would I structure the deal? Say the house is $100,000 (for sake of clean math) including any repairs. ...