I own two investment properties free and clear, one in Scranton and one in Lancaster. I am looking for banks/lenders that meet this criteria in a cash-out refinancing for free and clear investment properties:
- LTV% ...
Hey Bp's, Just a little background. Closed on my VERY FIRST deal on 1/4/16. A beautiful, fairly new duplex (built in 2007). We are house hacking one unit and renting the other. Both sides rent for $1275. Price- 170k. ...
Is this recommended? My thought is that if i understand what I'm getting into and I'm sure i can pay off the HML with a refi, sale, etc i should be set...unless the wisdom of the forums can show me otherwise!I'm cert...
Hi BP!One of the most valuable resources I've used in my short investing career is seeking advice from people on BP that have gone through the same milestones I am trying to reach! I started my journey during the summ...
HI all,I am closing on a 9 unit "c" class property in SE Minnesota, and the price is 400k with about a 9% cap rate. this is my first deal the is not residential, what type of terms should i expect to see for this size...
Hi! New to this community but would love insight from those who have more experience (understand it is not a legal opinion, but looking for those who may have similar experiences).Our tenants recently reached out abou...
Hey everyone, I'm exploring the idea of a 3-year ARM mortgage with 15% down vs a conventional fixed year mortgage for a longer-term buy and hold investment property. The rationale for considering the ARM is that, give...
Greetings! My name is Mike.As a locksmith I've encountered a variety of routine service calls, but I've also responded to a few not so routine service calls. While the idea of security seems simple enough, making sure...
Hello BP Multi-Family Peers,Quite a few books ago I read @JoeFairless "The Best Ever Apartment Syndication Book". Fabulous book with step-by-step checklists and procedures to create a syndication business from the gro...
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