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I have one rental and am looking into the multi-family arena. One of my concerns about borrowing more money is all the news I hear about banks going through hard times and what the future may hold. I just heard that...
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Hi all,With the interest rate so low for the past few years, is it a good idea to pay off the mortgages early? What are your thoughts on this?Thanks for any insights!
Hi,
I am new to the Real Estate Investing Market. I have co-workers who do it and have for some time and very successful at it. They have different methods and are involved in different things in regards to real esta...
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Hi all,
I have 2 investment properties that I own out right? Total equity would be around 130K. How can I leverage that to borrow money from the bank? I understand that banks don't do heloc on investments. Can I ...
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The concept of HELOC is new to me but I learnt this can be secondary lien that gives an opportunity to pay off loan quickly. I am shopping around but having a hard time to compare and contrast since the product is not...
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So the power of BP is self evident all the time. I get a call from a nice guy today who happened to see a post that was indexed in Google from BP.
His daughter wants to get into flipping but wants to borrow m...
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I am struggling to put a title on it. I currently own 13 units and hope to grow more after my current round of renovations are completed in 2021. I have one LLC and as I grow my question is what am I? Am I the CEO, th...
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How do I go about getting started without Capital? Or where can I go to get this capital?
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I just heard about using someone else's balance sheet to qualify for a loan (they told the bank it was one of their partners but it wasn't). The idea from what I understood is that the (borrowed) balance sheet shows t...
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I’m just starting out & have not done any deals yet. I am meeting with a local REI who wants me to consider financing 1. Wholesale Land Deal & 2. Fix/flip deal. I have not seen the proposals yet. I do have a f...