Julien Nassini
Urgent property refinance
Good morning All,
I hope all is well, I would like to share my issue with you all for some advise on how to tackle this problem. Last year around this time my dad was sick and I have to move overseas since he died to...
Joshuam R.
Holy H.E.L.O.C. Batman! Que es esto! REVISED
This is my question, I am looking at these two products, what are your thoughts?Fixed-Rate Equity Loan
The best part about our Fixed-Rate Equity Loan is stability. This is a great option if you’re in need of a specif...
Yacine Rimmo
Including rehab cost in loan when buying
Hey BPers!
I am looking at an off market deal to buy in Easton Pa. A two unit at 120k that I would get vacant. I'd say that it needs $13k of work to hit my goal in renting it. Market value that is probably around 155...
Account Closed
Advice on DSCR Lenders with No Real Estate Experience
Hi all -
Any advice on DSCR lenders? I want to buy a single-family investment property in the St. Louis area around the $70k mark. Assuming a 75%–80% LTV. Proforma is at a 10% interest rate, and the respective DSCR...
Ryan Taylor
Own 16 unit complex clear-Need loan to help sister pay tax lien
Hi everyone, I have a 16 unit building owned free and clear, gross 150k per year appraised at 1.1 million in 2009. I need about 150k to help my sister out of a financial crisis, in addition to that I have been advise...
Lane Stubblefield
What kind of loan do you recommend?
When purchasing a 20% down investment property, do you just have to pay cash for all the repair costs too and then refinance? I would just assume incorporate the repairs into the loan if possible?
Kevin Sobilo
What is the best cash out refi loan for BRRRR rental?
I'm currently in the process of finding a tenant for my latest BRRRR rehab. So, I'm looking at doing a cash-out refi again. The last couple loans I have gotten have been commercial mortgages from a local community ban...
John Miller
Subcontractor threatening to file a lien
A subcontractor for a bathroom remodel started the job. Come to find out half way through I needed to fire him for a very poor job done. I had to hire another subcontractor to come in and fix the previous subcontracto...
Dave Schimmels
Existing tenant month to month
My wife and I bought our first duplex with tenants in place. 2nd floor tenant is on a year lease, but the first floor tenant is month to month and has been renting for the last 16 years. She is older and is on a fixed...
Mike Bayer
Understanding Payment Terms
I'm a bit confused on how a short term loan for a fix and flip works as far as the payments go. For example if there was a 100k loan with 9% interest, what type of terms do companies typically offer. I'm wondering h...