Randell Curry
Bank may not renew loan. What now?
House is paid for but a interest-only loan was taken out against it. The house is in bad shape and the responsible party is worried it wont be renewed. Any ideas?
Account Closed
How to refinance out of Seller financing on rental property (Non-QM)
Hello,
I am purchasing a 11-door portfolio on 2 properties. The purchase price is $650,000 - I'll be putting $400,000 down. The seller will finance for 12 months of interest only with a balloon payment of $250,000 a...
Gurjot Grewal
Am I understanding seller financing? How are my numbers?
Hello BP I have a few newbie questions. Most likely this offer won't get accepted, but I think this will be a good tool to learn. Quadplex is listed for 375k on market for about 10 days. I'm going to make one straight...
Account Closed
Difficulty selling or refi investment condo in Arlington VA
Hello All,I really could use your advice. I see a few threads related but not exactly my situation. I am unable to sell or refi a former primary residence that was converted into a investment property.- Purchased 2005...
Greg ONeil
What is the ROI % you offer for private money lenders?
Hey everyone,I'm new to this and appreciate any help I can get. My plan is to purchase a flip to start investing in real estate. Currently I don't have much capital to get going. I have talked with family and friends ...
Tim Matthews
Pay a hard money loan
Hello, all.I have been pondering many ways on funding a purchase when I get ready to begin buying rental properties next year in the Chicago area. One thing I can't seem to find an answer for (because it may depend on...
Jeffrey L Evans
Difference between HELOC and home equity loans?
Hello all, I need to arrange some money for my ongoing business. While searching for a way to raise fund for the business, I got to know that there are financial institutions that offer credit and loans based on home ...
Ryan Planchon
Which HELOC Terms would you pick? Why? Or REFI?
One of my properties was recently paid off. I plan on putting a HELOC on it to BRRRR some properties with.
Which terms would you pick an why?
Term12 Month Intro Rate APR* "As Low As"Thereafter APR* "As Low As"Pri...
Oscar Hernandez
Refinancing out of a 30 year fix hard money loan
Hi am new to real estate I am trying to get a property that needs rehab I was thinking of using a 30 year loan from a hard money lender so I can hold the property for the long run. Would I be able to Refinance from th...
Phil Baker
Mortgage interest write off on investment property
I’ve been struggling to get the right answer in writing off investment property interest. I thought investment property mortgage interest was tax deductible. My tax guy is telling me it is not. Does anyone have any in...