Tony Velez
Buying property number 3 cash reserves?
Hi,We own our primary home and a triplex. Our mortgage broker said in order for us to buy another property.... we would need 25% down. Plus 6 months cash reserve for our primary home and our triplex. Does this sound r...
Kris Fox
Help with Subject to Opportunity
I've got a lead on a subject to opportunity.Here are the details.Mortgage originated in 2002 for $68,000Today's ARV $75,000Remaining principal $52,000 and mortgage is current and she will let me just take over payment...
Antonio Bodley
What problems will I have using buyers agents.......?
What problem if any will have when I want to wholesale a deal and use a buyers agent at the same time? Most investors I know wholesale deals all the time without getting an agent involved in their business, especial...
Rick Howell
5 Mortgage Items you cant Afford to Miss
One of the most intimidating aspects of getting a loan is trying to sift between jargon and fact. For something as important as a mortgage there is plenty of misinformation out there. If you talk to five different peo...
Rick Howell
5 Mortgage Items You Can’t Afford to Miss!
One of the most intimidating aspects of getting a loan is trying to sift between jargon and fact. For something as important as a mortgage there is plenty of misinformation out there. If you talk to five different peo...
Archie Minkowski
Seller (Owner) Financing - Couple Questions
We have a home in a desirable area and a couple of folks have asked if we'd consider owner financing, so we're considering it. We would obviously ask for a down payment, proof of income, and proof of insurance. We'...
Joseph Liechty
Using HELOC to pay off mortgage
Hello,Does anyone have experience using a HELOC to pay down a mortgage? I recently heard about this strategy and I'm intrigued. I don't understand how this is more beneficial than just paying more towards the princi...
Donnie M.
Unsecured PLOC that is cash out refinanced into conventional
I tried searching BP and google for a direct answer but could not find an answer about unsecured lines of credit. I plan on buying on 26k property using my Private Line of Credit (PLOC) from my bank and it will appra...
Mitchel Schwindt
Dominion Financial - any experience or comments?
This popped up on several podcasts. Paid placement-sponsor, but curious if anyone has worked with them for SFR or multifamily purchase?
John Santos
How do I buy my next property?
I have a unique situation of home equity I have built and am not sure how to make best use of the same to buy more properties. Here is the situation:
I own following 3 properties:
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