Andy Bauman
Downside of a HELOC? Your opinions?
Hey all, I'm new here and looking at getting into real estate investing. I'm curious if anyone can tell me the downside of a HELOC. I was able to find a local bank that will give me a HELOC at 85% LTV on my primary ...
Harvey Gronwald
Possible Flip - But the owner is Deceased
I have a potential flip and the number look good, the problem is that the owner has passed and the son has the signed Will. The WIll states that the property is to goto the son and another person. The son has not exec...
Alex Olmo
How many investment properties can i finance?
Conventional lenders that finance more than four properties. Is possible to finance more than four properties with a traditional bank?Thank you!!
Omar Ruiz
New to flipping, need a lender (private or hard money)
I'm from Massachusetts, currently living in Stoughton. I am self employed as a therapist earning about $70-$80k. I have only $2k in savings, credit score in the low 600's, a mortgage ($389k), student loans ($136k), &a...
Shanita Parker
Need to know how to purchase property if...
I am in an organization. My church wants to purchase income property i.e. apartment buildings. How to we go about getting a loan?
Racquel Welch
Newbie's first (second and third ) houses
Howdy Fellow BPers. I'm hailing from Fallon, NV. A very rural ranch/farm area east of Reno. I have been thinking, planning and fantasizing about Rental Investment for about a year now. Awhile back I moved from Fallo...
Jeremy Wheeler
HELOC for Fix/Flip - Transfer Profit to Rental Properties
Hello Everyone,My wife and I are just getting started with our Rental property journey. Our offer on our first rental property was just accepted and we are closing on the property in a few weeks. The house is a turn-k...
Karan More
2nd Home purchase but DTI is already 43%
Hello guys, I purchased a townhouse last year and planning to take another property this year. Plan is to shift in new home as primary residence and make 1st home as rental. Already my DTI is 43% as per my gross month...
Benjamin Reemsnyder
Pay Off Debt Vs. Investing
Hello BPers! I have a question regarding debt payoff vs. investing. I currently make a good income with my W2 position, own my home(owe about $178k on the loan), owe about 18k in student loans, and have just recently ...
David Espinoza
What should be the focus Credit card debt or buying the first house?
I have plenty of Credit card debt but I wasn't sure what's better immediately focus on the debt or don't worry about it for now and look on buying a house with the idea of flipping the house and using the profits to e...