Turner Cress
HELOC - On the same property that you rent out and is sole source
Does anyone know of a lender that would provide me a HELOC on my property that I rent out (its my 'primary' family residence and only live in when not being rented) that also provides me with 90% of my income for the ...
Mr Good
Presenting a lease renewal
Hi. This forum provided some excellent advice when I got started. Here I am almost a year later, made it this far :)
I purchased a large home with view, big lot, near transit center, put down $105k of my own money ...
Kirby Kernen
Cash out refi current home to rent and buy new primary
I have been in my current home, a 3br ranch, for 12 years and I have been upgrading it the past couple years. I have about $100k equity over what I currently owe, and I plan on doing a cash out refi, and converting ...
Ryan Mackfee
Cash out Refi on multiple properties
Hi I am looking to do a cash out refi on 6 properties, can anyone tell me if I can put them all under one loan or do I need to keep individual mortgages on them.Any help would be great and thanks for you helpRyan
Joseph Cornwell
Time Vs. Money which is most important and why?
I have heard this idea tossed around on the BP Podcast the past few episodes, and it made me realize this is one of the greatest lessons in my personal experience thus far in REI that I would like to share with the BP...
Sebastien Beauboeuf
*Complicated FHA VS HomePossible situation* Need help!
My gf and I are in a situation where we have the option to choose between FHA or HomePossible. In either cases we would be putting 10% down and planning on refinancing out of mortgage insurance in about 2 years, after...
Account Closed
Starting a Subletting Business?
Recently I applied for pre-approval in order to start looking for small multi-family units to do an owner occupied house hack, I was, unfortunately, denied pre-approval due to my low income.So I had an idea and I was ...
Ellie Narie
What is your advice for RE investing in my situation?
I want to invest in real estate. I haven't invested into anything yet, so I'm still trying to figure out what my first deal will be. I live in a small town. I wanted buy 2-4 unit property with an FHA loan, but the pro...
Jared Luhman
Lake house Short term rental
I would like to buy a lake house in northern Minnesota to use as an STR when we're not using it. There are a few big lakes and then lots of smaller lakes close by. The houses on the big lake seem to be worth $100,000-...
Jack Srimani
Serious concern buying a REO
Hi,
I just got approved of a bank loan from a small bank. (Thanks for folks who advised small bank for small loan). Now tomorrow my realtor and I are going to go through the offer contract. After signature the realtor...