Taylor Pyburn
Any Lenders for HELOC or HELOAN on Owner-Occupied Multi-Family?
Can anyone suggest any Lenders in the Middle, TN area, or National Lenders that will offer a HELOC or HELOAN on a owner-occupied Duplex?I purchased this Duplex in East Nashville in 2020 for $280k, which initially appr...
Sterling C.
HELOC on Investment Property
Hello, me and my partner owns a SFR free and clear in Florida which we are almost completed with renovation. We are planning to rent it out to a long-term tenant. We are interested in HELOC so wanted to ask to see i...
Mychal Lee
Access Rental Equity
I currently own two SFHs, one of which is a primary residence. I am looking to access the equity in the rental for debt consolidation and capital for future investments. Currently home has approximately 95k in equity ...
Jacob Ramos
Types of commercial loans
I’m trying to do research the types of commercial loans for non owner occupied , i recently went to Td bank inquire about a loan . The lender told me about a 520 loan can someone suggest the type of loan I should take
Dave Craig
Options for financing the remaining balance after taking over an assumable mortgage
I have a good opportunity with an off-market deal that is currently exclusive to me. The purchase price is right and the seller has an assumable mortgage in place at a very good rate. The problem is that the mortgage ...
Joey Anderson
What are some current DSCR loan options?
Hey guys, I'm looking for DSCR loans for propert in the great Tampa Bay Area. I'm looking for 2 or 3 4plexes or an 8-12 unit.
What are the going rates and terms?
What percentage of rents counts towards income?
All ...
LaShawn Stephen
Starting out and looking for some input
Hello BP members!I am starting my journey of getting into long term rentals. I am focused on the Houston market currently and looking to buy 5 properties over the next 5 years or less. I currently have a home that was...
Kenny Simpson
Pre-payment penalty TRAP DSCR loans
Many new and experienced real estate investors will FALL into the pre-payment penalty TRAP and it might really bite them in the A$$ or cost them on future deals. Going through the last 2008 real estate crash many peo...
Kristie Eddy
Buying Down Points on Your Mortgage
Hello! I'm looking at my second income property in AZ and struggling with multiple brokers offering me multiple deals that vary slightly. Some deals the rates are lower (4.5%) but their origination fees are higher a...
Eric W.
TX closing during corona
Just saw what PA did and has me super nervous: Set to close 3/31 and desperately trying to get it moved up to ASAP. My loan is approved, option periods are over, inspections done, appraisals done...were pretty much at...