Nick B.
My starter strategy
I've been browsing BP for a couple of weeks now and have been pleasantly surprised by the quality of the community here. Thanks for making this place so valuable.
I am looking for advice. My wife and I own a home,...
Daniel Lehman
200K in 1031 money. What do you do?
I have two properties in California. One I lived in, and one has always been a rental. The one I lived in has been rented for the past 5 years, so I can't avoid capital gains. I live in San Diego, and want to sell ...
Brian Simmons
Orange County, CA 2 unit property in foreclosure
Hello, I got in contact with an owner that was selling his property because of foreclosure. He is 35,200 behind in payments. Loan amount per month is $4336. Renters are paying 4100 per month combined, only behind beca...
Ben Duq
Fannie Eliminates 80/10/10?
My mortgage officer told me the other day that I would no longer be able to do a 80/10/10 loan as the max loan that Fannie would allow is 80% including a HELOC. So now in order to complete my transaction I have to com...
Brad Lowery
Can someone describe how a supplemental loan works
We are looking at a 100 unit property with an assumable loan. With the current loan we would need to raise too much capital to get a good cash on cash return so I started looking for a supplemental loan. The loan brok...
Drea Smit
Financing a purchase through LLC
I’m looking to purchase my third single family rental property through my LLC and am not sure how to structure the financing. I paid cash for the first property, then used a combination of cash and an equity LOC on fi...
Viviana Erguiza
Advice needed - Primary Residence - Refi - Bad Credit
I want to refi my primary residence.The property is located in Los Angeles County.I have a first mortgage loan and a home equity line of credit under this property. I want to refi to combine the two loans. I would a...
Logan Zanki
Lender needed - Refi Commercial Loan - NC
I have two commercial units that are in a mixed use business park complex. The front of each unit is offices and the backs are large garage doors. The value combined is around 345K I owe around 200K. I would like t...
Kolt Johnson
Can I cash-out refi after putting tiny home on a property?
I am curious if I can do a cash-out refinance on a piece of land after I put a tiny home on it as a STR? Would I be able to combine a loan on the tiny home and the loan on the land and get cash out as an improvement?
Ryan Landis
Conventional Loan with Seller Carrying a 2nd?
I came across a property that is FSBO and the seller is willing to carry. I want to know how I can structure the deal to put the least amount down while also using conventional bank financing (strong credit, steady W2...