Prab Sekhon
Investment Property HELOC in Texas
Hello, It seems like the HELOC regulations in Texas are much tighter than many other states. I have one investment property HELOC with Wells Fargo, but they only provided 50% LTV. Is there another lender that can pr...
Vinessa Eisele
DSCR Loan with 25% seller financing
Under contract on a portfolio of 6 properties/14 long term rental units. Seller financing for the 25% down payment. We are hearing that DSCR loans will not accept a 2nd position lien such as seller financing. How do w...
Steven Bays
Interviewing hard money lender
I wonder if anyone could help me with some pointers or questions on interviewing hard money lenders, banks for financing or refinancing investment properties.If you also know of a book that addresses this specificall...
John C.
Line of Credit/Cash Out on paid for well seasoned investment prop
Looking for a low cost way to pull some cash out on paid for investment property in Gwinnett County Georgia. Owned for over a decade. Free and clear. Great credit and reserves. No more than 70% LTV. Rents are high and...
Robins Dorvil
Local Lender Palm Beach or Orange County
Hi all, this is my first post on BP. I have a few properties in West Palm Beach and Orlando, Fl that has some good equity and I plan on pulling out some of it to purchase more units. I hear it's good to build a relat...
Wade G.
Refinancing rentals to pay off primary mortgage
I know this question has been asked over and over again but there are always new members with different viewpoints. To make this as brief as possible I have four SF rentals. Two are only around 65-70% LTV but the ot...
Imdad Rahman
Portfolio cashout / portfolio HELOC
Is it possible to get a cashout refinance / one HELOC for my entire portfolio? If so what would be the best way to proceed? I want to use the combined equity to put down on an off-market commercial deal.
Massimo Salerno
Financing for Canadians
Hi all!I approached BMO HARRIS and ROYAL BANK for financing. I have 2 homes with no mortgage on them, one of the homes is rented and I would like to re finance the rented home. The other Home is being rehabbed. Discus...
Gary B.
Raising Money for downpayment
Hello Experts,I like a property that I want to buy. Property has the returns + value add that meets my goals. However i am short of half of the downpayment to make its 70:30 LTV. Understand I can't afford this on my o...
Mike Rios
1st lien HELOC or cash out refi
Hey BP,About to finish my first BRRRR but need some help deciding whether to do a first position HELOC or Cash out refi.-Bought house free and clear for 190000-Rehab was 100000-Appraised for 345000 (275000 80% LT )I’m...