Good day everyone! I bought my first home around a year and a half ago. It’s my primary residence and I have made significant equity since we bought it (around 80k). I have thought about pulling an equity line and usi...
Good afternoon all,
Looking to transfer the title of my personally owned VA loan to my LLC, using the house equity as collateral and securing a business line of credit as the LLC has no current revenue/product. Let m...
Whoa -- we just finished a very confusing year for the economy and the housing market. Now, we can turn to the big question -- what will happen in 2023, and what are the best ways to take advantage of opportunities th...
Hi everyone, so I co-own a home with a family member and am seeking some advice. Backround - we bought a home (with a mother-in-law) 2 years ago. My cousin has since moved out, and I rent out his room. My girlfrien...
Hello BP'ers,I'm looking for advice as I'm a first time home-buyer and I feel like I've made a mistake. My girlfriend and I are about to close on a townhome and I'm having trouble deciding whether I should back out or...
Hello,Considering using the equity in my primary residence to apply for a heloc. I am told most banks/credit unions will lend 85% LTV on primary. With rates increasing, should having a variable rate with a heloc make ...
When you are considering buying pre-foreclosures (that's what they are called before the auction) you have to have some money to bring the loan current, give moving money to the seller, pay closing costs and make paym...
Hi BP, I need some help. I am looking to buy a new property as a primary residence and to house hack the property. Here is the info on the new property: it’s a 3 bed, 2 Bath SFH listed for 240k. It also has 1bed 1 bat...
I am in the process of talking to banks about taking out a HELOC or Home Equity Loan on my residence which I plan to use for a down payment on a first rental property. I am having trouble wrapping my head around a co...
Please define wealth. What is wealth to you? It is important before you start and get to far that you have an aim point... A goal to work backwards from to today so you can make a specific plan and take deliberate ...