Ben Sears
Drop in County Tax Assessment
Hello BP-I wanted to throw out a question related to local tax assessments. I recently purchased a rental on a good deal and it is currently cash flowing nicely. My question is what would cause the tax assessment to d...
Esther Kim
HELOC- Prime Rate or One Year Treasury Security Rate
Am looking to take out a HELOC on my rental property (mortgage free) for about $70k for repairs. The property value is about $725k. I have been offered a HELOC through a local credit union based on the One Year Treasu...
Julia Beresfoes
Investment and buying help needed
Hello! I am in need of guidance,help, suggestions around my investment property and what I can do to purchase a second one. The twist is that the second one is a historical property that has been in my family since 1...
John Burke
Mortgages for investment rentals
Hi getting ready to buy my first rental with 20% down and Reno cost in hand. Will I be able to obtain a mortgage if I have 2 current mortgages and a home equity loan. I was told if my rent is 125% to 150% of my mortga...
Brian Braunhuber
Tracking down Heirs to Property?
Hi everyone, I have lead on a house that the owner just died and wanted to track down the heirs. The house is in Portland, OR but I live in Austin, TX how can I get a hold of the person responsible for the house? Than...
Andrew B.
Water Backup Insurance Coverage
Hi everyone,I have a question about water back up coverage. What types of situations/houses does it make sense to opt-in for this coverage? I am in the process of purchasing a house on a slab in an old city. It is ...
Chioma Okoko
Heloc or Cash out refinance
My parents house is paid off and they’re looking to purchase a new home while renting out the old one. Should they look into getting a HELOC or a Cash out refinance in the old house for renovations on the old house an...
Ethan G.
Balance Sheet Partner for Agency Debt (Multifamily Sponsors)
I wanted to ask if anyone has had experience being a balance sheet partner for multifamily sponsors (or other investors) to obtain agency debt (Fannie, Freddie, etc.) and what the experience was like, etc. Thanks.
Ceasar Rosas
House hacking!
Hi Everyone, I'm currently living in one unit of a 2 family home with an unfinished bsmt. I own this home. A few details, home is worth about 440k-450k, monthly PITI is about 2700. My rental unit rents for 1550. My qu...
Marina Wong
Seller finance and 1031
I am offering seller finance on an investment property (with balloon payment for a short period of time) because of the current high mortgage rate, since I cannot subsequently 1031 the balloon payment when I receive t...