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I’m looking to cash out a 3 family property in NJ that I bought cash and remodeled. My main bank says after 1 year they can do 75% LTV based on appraisal. Under 1 year they do 75% of purchase price max... rates for LL...
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Assuming you were paying the loan timely and it was performing, just wondering what the lender did - make you refinance, pay extra points, increase rates, etc...
Hey All! My friend is interested in doing a 1031 exchange with an investment property. Both him and his wife currently own the property in their personal names and plan to maintain that ownership structure when sellin...
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Hi BP,
I wanted to share my situation and would appreciate if anyone could chime/help in. My uncle's name is currently on the title for my mum's primary residence. Her interest rate is currently at 7%, with a little ...
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When you purchase an investment property that already has tenants in place, does the seller transfer the security deposits to the buyer as part of the sale or is it their responsibility to return the security deposit...
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Totally new to DP.....Thanks in advance
I'm a dentist in NYC, I've always loved the idea of retiring in Phoenix and recently owning property for rental income and appreciation. So late 2012 we finally found a place, ...
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Can I purchase rental properties using my LLC instead of personally if I am going to finance the property?
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Hey everyone! Hope y'all are getting geared up for the holiday weekend.My partner and I continue to come to the same hurdle... deed transfer to a series LLC. We've spoken to numerous lenders across DFW, and every sing...
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Hi, My name is Joshua Pavon. I have 2 questions. Question #1: I currently own a rental property that is under my personal name but would like to switch it under an LLC without losing the 2.8% rate that I currently hav...
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I am trying to stretch my dollar for a down payment on a potential deal... Is it possible to do a balance transfer on a credit card to pay down a HELOC? Has anyone done this before?