Situation-I am using a non-recourse loan along with my solo 401(k) funds to purchase a rental home

Borrowing-130,000.00

Loan term options

Fixed rate20 year loan 6.5%

Variable rate 25 year loan
10/1...

Hi Everyone,
First post on the forums.  I am looking to fund my next BRRR opportunity with a HELOC.  I would love to get a fixed rate HELOC to make cash flow more predictable, but there aren't too many lenders that o...

Hi there,Wondering if the professionals here can give me a clear answer. On several occasions, I’ve asked listing agents if they would be open to a cash buyer who represented themselves which would help save the selle...

I am starting to see 100% ltv popping up My cu is quoting 5.25% for varible and 5.75 for fixed rate. Not a teaser rate.

Has anyone seen better rates? This is a great alternative to a cash out refi to come u...

How do you BRRR refinance a property bought in your name and transferred to a 50/50 equity partnership (no due on sale clause. Transfer was approved in writing)?We didn’t do this the ideal way. Purchased conventiona...

I have 3 options to use as my down payment towards my next SFR.

HELOC from my primary home, which I initially leaned towards thanks to David Van Horn's opinion, with a 5.5% variable rate & I believe paid back ov...

I am looking for a bit of advice regarding selling a property and the breakage fees associated.We are looking to sell one of our properties that has a mortgage with RBC and we recently called to see what the cost is w...

Hi BP friends!
I am curious to hear your thoughts on the real estate market outlook for 2024. Specifically on whether the high interest rates will lead to an increase in mortgage delinquency rates similar to what we ...

All I here about is how great HELOC is- How about the downsides: 1) variable rate 2) risk your home if used  3) tax deductible only if used on the same dwelling

Hello, I would like to buy a rental property. I have enough equity in my primary. Should I go for the HELOC or Traditional mortgage? I believe interest rates are better with heloc. But If I don’t go for the traditiona...