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Investment Info:
Office Space commercial investment investment in Gallatin.
Purchase price: $485,000
Cash invested: $125,000
This property was zoned residential and commercial. It is a 2000 sq ft cot...
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Investment Info:
Single-family residence buy & hold investment in Riverdale.
Buy and hold used as short term rental property. Bought undervalued (market value of 265k); refinanced about 1 year later to c...
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For those of you flipping or refinancing apartment complexes with commercial loans, what have you done regarding loan prepayment penalties? This may be a simple answer and you just refi with the existing lender and h...
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Hi BP!(First post BTW)I am looking to buy my first investment property. I am currently shopping around HELOCS in order to fund this. I own my primary residence free and clear and have found a HELOC that seems good. $...
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I currently have a condo in FL under contract using a 10% down payment JUMBO loan on a second home. The loan has a higher than normal interest rate.
Question is - how long do I have to wait to refinance the condo? A...
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Hey everyone! So I have a decent amount of equity in my current rental and I want some input as to whether or not it would be an intelligent decision to cash out refi in order to put a down payment on a new investment...
Hi Everyone - nice to meet y'all. My wife and I bought about 14 months ago. We purchased a 2 family property for $360,000 with an assessed value of $419,000 using an FHA - We rent out one unit for $2250 and live in th...
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I recently read on the forum that if you purchase a property for cash through an LLC by lending yourself the money (draw up a mortgage note and file it) that you can REFI out of it with no seasoning and recover your c...
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Good morning BP,I have a question about my current loan. I purchased a home about 6 months ago via a FHA loan. I have received a notice about having my PMI reduced or removed. Good news to me up front. I recently fo...
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We have a few investment properties, all of which will need to be refinanced in the next year or two as they were purchased with 5 year interest only loans. They dont need rehab and all have long term renters in place...