Hi All, New here and wondering the best way to finance a 3 unit i have my eye on utilizing the over $200k in equity in my home without putting down cash. I was thinking down payment with a HELOC but the repayment term...
Hey BP nation!Can anyone recommend any local banks that are great for refinancing single family homes in Tampa Bay with a short seasoning period? Thank you.-Brad
Hello, when investing in multi family homes is there a rule of thumb when paying off the Mortage? Or Should I take the full 30 years to pay it off?
1. First off, what are the big indicators of each (tenant friendly area versus a landlord friendly area)? so I don't have to ask this question again...2. How quickly a landlord can evict a tenant when a lease is viola...
I don't know what to do here. I've run some numbers on this property, and it looks great. In fact it looks too great. I'm wondering about what I could be missing here, and wanted to maybe catch some thoughts from peop...
Hi BP-
I have 2 quick questions, this is my first time wholesaling and I think I found a good property. I looked at the comps and used BP for which questions to ask the seller. The problem I am facing now is ...
We closed on our first property on 12/4/23, so like 45 days ago. We put 20% down on a $140,000 purchase and have a conventional 30yr at 8.5%. We don't make our first payment until Feb 1 but I believe rates have droppe...
Hello All,How long do I have to wait to refinance with a portfolio bank for the property bought with my own money? I like wait the least amount of time to refi. Is there any bank that doesn't require waiting period? T...
Hello and Thank You for giving me a moment. Quick back story.2007 was doing well in life until a pick up rear ended me at a light. I was stopped on a motorcycle. He had only liability insurance and was on disability....
Hi all,
I've been learning alot about investment properties over the past year or two. I'm currently waiting for a seller to sign my offer on a duplex. I'll be purchasing in cash and then refinancing out ASAP. I pla...