Hi everyone
So I close on a property this Friday (yay!) and was thinking today about ways to refinance it. I will be paying cash. I have talked to a few banks and I have a few options:
1. Identify next property and ...
Looking to buy a 10 plus multifamily unit with a HELOC down payment. I think PENFED was the last one, unfortunately they ended that product last week. Are there lenders still out their doing HELOCS on NOO properties a...
I don't consider myself a RE Inv. but by accident, I have two paid off rental homes. How should I use them to grow my RE portfolio? Should I do a home equity loan, a HELOC, or both to leverage them and use the equity ...
Hi all,
I am new to bigger pockets. I am looking to buy my first investment duplex in Buffalo, NY. Each floor has is a 3bd/1ba unit (separate entrance). The house currently has 2 long-term tenants (one on each floor)...
Any help is awesome. I have pending a property with 2 separate houses on one parcel. 2 bd, 1bth, & separate garage + 1 bd, 1bth, & sep. garage. Asking $145,000. I have $10,000 in bank, $10,000 in stock market....
Hi, Everyone.
I am currently looking to refinance my current ARM mortgage(within the next month and a half).
I have a question about avoiding the Mortgage Insurance premium.
This is our main home, bo...
We are adding a vacation rental in the Orlando area and looking for a loan officer that understands STR financing. Any suggestions?
Hi BP members,I'm trying to line up my financing for my first investment property (possibly a triplex). I'm hoping to see what you thoughts are on this financing deal provided by Wells Fargo over the phone. I didn'...
I am in the process of buying a duplex. 3 bedroom 1 bath in each unit. Both units are occupied with long term tenants. One(lower) has been there 21 years and other(upper)has been there 5 years. Rent down stairs is 485...
Hey Guys!I have a bit of a dilemma. There are 2 properties that I am interested in with different offer due dates. Here are the key details using the BP rental calculator!Property A:Monthly Cashflow: $516CoC: 5.04...