Hi, we are newbies and hope to get pre-approved soon for our first STR deal. Trying to wrap our heads around the best way to approach financing. Should we pull cash from our current stock/mutual funds (based on cur...
Hello BP,I'm negotiating on a quad right now. The company I invest in the stock market with offered me a LOC utilizing my portfolio as backing with a 2.5% variable rate, no fees. They told me that while the interest i...
Hello All,This is officially my first post to the exclusive pro area. I have a question about a bad mortgage that I was hoping someone might be able to help out with.My wife and I purchased a home for $225,000 in 2006...
The issue is find deals, but i also have to pay my LOC plus new mortgage so the number don't add up i keep going under water on the deals I underwrite. I pay the whole deal cash but i still have to pay like 16k month...
For the purpose of buying properties, is it pretty common to take out a HELOC for 100K or so, and pay it back within 10 years, without a cash out refi? I mean, if the most common path towards HELOC repayment is refina...
What is considered to be a good interest rate for a traditional 30 year mortgage?
Greetings,I have a townhouse with a 30 year note at 5.25%,the balance on the loan is $86,xxx. We purchased at $120,000 and it's worth about $132,000 at this point. I'd like to consider doing a refi and pulling some ...
My hubby and i have decided to invest our savings into real estate! I will property manage! I researched and found a property.
We made an offer that was accepted! Fun so far! 145,000 to be financed 30 yrs conventiona...
In today's market in my area, i can find some sub-$300k houses, with mortgage payment about $1,000-1,100 (after 25% down payment) would profit around $350-500. but my down payment would be from a Heloc, so after int...