Daniel Hartz
Trying to refi out of a bridge loan on a SFR with tenant
How would you refinance an investment property in Texas?One of my investment properties in El Paso is a SFH currently renting for $1,100. After my P.M. costs I collect $940 or so/month. The balance on my bridge loan i...
David McPhail
Multi Property Financing
We presently own 1 investment property with about $20K in equity. We have the opportunity to purchase up to 6 more properties at once. My previous lender told me Blanket mortgages no longer exist. Is there any advi...
Arthur Voskanyan
Home Equity Loans Qualifications
How much equity do you have to have in your home in order to be eligible for a home-equity loan? Is it a minimum of 20%, and for example if you have a home worth $200,000 and you owe $160,000 but have $40,000 in equit...
Adam Braddock
Refinance recommendations for Investment property
Hello BP community,
We're not finding any great refinance options in the Seattle area for investment property. We have about 600k in equity in one of our projects (4 townhomes), and we'd like to take some of that out...
Robert L Howard Jr
Wholesaler Pre Foreclosure
How does the equity from the pre foreclosure work in the deal? When I learn how to wholesale it was for free and clear homes or doing subject 2 for mortgage.
Elijah Crew
Loan to build capital?
Hey! Just a quick question I think I know what the answer is going to be but never hurts to ask. I want to eventually invest in rental properties. First I was going to build the capital using other methods of real est...
Trevor C.
HELOC and Refinance on Primary Residence ?
Getting ready to get started on 1st flip or rental (not sure yet) but I am ready to get an HELOC to fund this so I know what I am working with. Currently according to Zillow I have about 100k in equity ( this is wit...
Account Closed
Should I refi out of conventional to get another fha loan?
Hi there! I have a duplex I purchased in 2018 and have gained about 150k in equity. My mom moved into my unit as I live in another part of the state. I have decided I want to move back Into my favorite ski town, my mo...
Matt Callbeck
Canadian Refinance Advice
Hi Everyone,I have a rental property in Cochrane Alberta. I have around $50,000 in equity in the property based on the current market value and the value paid off my mortgage. The property has been rented out for ab...
Billy Guyette
No money down on commercial property??
If I'm looking at a commercial property that currently appraises for $1,000,000 but able to buy it for $800,000, would a bank lend 100% of the purchase price? This is assuming the underwriting is based on 80% LTV.