Aaron Lesher
Going From 0 -> 1: Creative Financing for Second Property
Hi folks,Hoping to get feedback from agents, investors and mortgage pros on strategy to acquire a second property in the next 18-24 months, while converting current property (primary residence) into my first rental.Cu...
Matt Randall
Question about investing with a DSCR Loan
Im hoping someone can give me some advise on this, I'm looking at buying a triplex and putting about 25% down and using a DSCR loan for the rest, has anyone that has used a DSCR loan have anything good or bad to say a...
Deaven Reed
Live-in Flip: Using private/hard money for renovations?
Hello all, long time lurker but first time poster!Looking into getting into my first RE deal, I originally planned to house-hack a duplex but have been looking at the possibility of doing a live-in flip - since distre...
Mark Filler
Seeking second lien debt
I’m raising mezzanine second lien debt. We are paying 14% quarterly interest. This is for flipping, we buy around 10 homes a month.
Daniel Dietz
Will this Deal Structure Work? What is the Best Route to Pursue?
Hello,
Looking for some feedback as I am working on how to structure a deal(s) for buying and holding long term rentals while working together with a Private Lender.
I think I have found at least one pr...
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.
Account Closed
PMI
I am/ was in the process of refinancing a duplex which was done by a local credit union and held as a portfolio loan. The mortgage officer told me I would need to pay the LTV to remove PMI and put me in touch with mor...