I have a six unit rental property which I own outright. I'd estimate the value of the property at around $250k. I'd like to open a HELOC for future investments, but my main bank doesn't allow you to use rental propert...
Warning: It's long!!! But I want to give as much info as I can to get your honest opinion.
Since I joined BP nation, I've been looking hard to find my first deal, and I may have found one. Need your expert op...
Sorry for such a long post but details are criticalNeed some guidance regarding my friends situation. He will loose his deposit and all loan fee paid if he did not get this loan approved = 2K (loan fee non-refundable ...
So this clever client I have was dead-set on buying a home with zero cash out of pocket. Her and her husband had about $12k to their name and a new baby. They are young and wanted to move into a modest home that they ...
I want to go into the real estate business with my son. The idea is to buy a couple of rentals and then see how it goes. If we work together well and make money we might want to expand. My question is how do we go ...
Hi guys,I had a business that went under with heavy debts, some of them personal. I was unable to go the bankruptcy route and now have judgments against me from creditors. If/when I rebuild financially I was wondering...
Hello, first post here and just getting started with learning about this field, but have come across what seems like a good opportunity and need some advice.This is an apartment in Florida in process of foreclosure; A...
I've been at the rental game for 15 or more years. I am currently 38. We own 20+ units. We have a very large amount of equity in all our properties. Most of them are refinanced now for 10-15 years. Some less. Th...
I'm under contract on an interesting property. It's one structure that is a duplex on one side and commercial on the other. 130K. I found a lender who will do it but I wasn't thrilled with his terms but he did say he ...
I am a Realtor and I am always trying to build my knowledge. I am looking for seasoned investor or loan provider insight. Other than cash, how can a multi-parcel deal be purchased? I have attached the listing below fo...