Has anyone successfully bought a property through auctions and/or foreclosures? If so, could you kindly advise what the process looks like to close the deal (how to bid, how to deal with banks etc.), how the title pro...

My commercial division mortgage advisor at  my credit union tells me that after the 5 year period on my balloon loan they will ask for new financials, and we can refinance my balloon loan with no refinancing fees atta...

Hi Everyone;

I was curious how investments are typically handled when there is a large number of investors involved (more than 50). The little I know about REITs suggests that they are not suitable for high risk, hig...

What puts the third R in the BRRRR strategy for you?I am new to this, but it seems that it’s assumed everyone will use a cash-out refi to pull their money out each time.If you were to instead open a line of credit(HEL...

So I’m wondering what you guys thoughts on LOC are. Basically they are a way make a cash purchase, finance the rehab, then after I could refinance and clear out the line of credit. Not as much dealing with lenders, ca...

Financing a multi-family property typically involves several steps:
1. Down payment: Ensure you have 20-30% of the purchase price for a down payment. Most conventional loans will require you to bring around 25% of th...

Hey guys, I have recently started acquiring buy and hold rental properties, and I'm looking to free up cash to grow my portfolio.- Notes: my residence has approx $200k equity and is currently a few years into a 30-yea...

We need to move soon and would like to buy a home in the next few months.  I also what to get the ball rolling and start one rental property and I am not sure what options I will have after buying our home first.  We ...

Hello BP members!One thing I use a lot in my field is leverage, and I've noticed that it's used a lot in REI as well. So how do you calculate your leverage and know when you are over leveraged? For example, how do you...

I would like to know how lenders typically view rental income when applying for further loans/mortgages. Do they view this income as part of your gross monthly/yearly?I myself have a W2 job and make an about an averag...