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Hi AllHopefully you can follow along with me on my journey here.I'm feeling the analysis paralysis creep upon me now. I've now changed my mind on my approach and pivoted my strategy several times so I'm getting worri...
Is it possible to find a DSCR interest only loan at 80% ltv for a cash out refinance? I am on Ohio and just wrapped up a duplex that is free and clear. Thanks in advance for your help!!!
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Any ideas on how to make this seller finance deal work?
Duplex in West Allis, WI
(2) 3 bed/1 bath, 1750sqft
Current Rent: $925/m each (market rent about $1100/m)
Taxes: $3900/year
Sale price seller wants: $230,00...
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There was an episode of the BP podcast YEARS ago where the investor was borrowing against life insurance to invest. It might have been back to the Brandon/Josh days. As they described it, the principal of the insuranc...
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So, here's what I mean:For simplicity sake, lets say both a HELOC and Cash-Out Refi have the same rate and I'm ignoring any closing costs. If I paid the same amount of money in the same amount of time, would either o...
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Hello all,I would like to use the BRRRR strategy on a property, but don't fully understand the details-any help is appreciated!1-Am I wrong in assuming you can buy a physically distressed property with only the down p...
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I currently have an investment property in Doral Florida and i have a first conventional mortgage and second is heloc arm interest only. I want to find an investor who is willing to pay off the heloc and work out term...
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New investor and member here so forgive the dumb question! I found a property that needs to be a cash deal. I’d like to pay half with my equity line from another property, and then ask the owner to finance the other ...
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New to the idea of HELOC. Just curious as to how it’s paid back and best options for paying it down. If I’m going to purchase a rental property using HELOC funds is it best to utilize cash flow from the rent or does i...
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Hey BP Community!!!Does anyone have advice for moving from a Vendor Take Back mortgage to a bank?I just closed my first Multi-family deal! I got a duplex at below market value, 100% seller-financed. The seller and I a...