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...
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...
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...
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.
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...
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...
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...
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...
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.
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