Matthew Trevino
HELOC vs HELoan. Anyone have tips for using equity on a primary?
Hi there I have primary residence that I would like to access its equity to begin my first RE investment. I have came across HELOCs and HELoans but not sure which would benefit me best? I am leaning towards the BRRRR ...
Mariola Najmi
Financing first investment property
Hello,I'm trying to to find financing for a $250K investment property and best I could find was a stand alone home equity loan. This is not a HELOC, but a 30year fixed loan on the equity of my primary residence. It ha...
Antonio Signorelli
Are mortgage delinquency rates going to increase in 2024?
Hi BP friends!I am curious to hear your thoughts on the real estate market outlook for 2024. Specifically on whether the high interest rates will lead to an increase in mortgage delinquency rates similar to what we sa...
Mike Rennhack
2 homes on 1 parcel
I just received a counter offer for a property with 2 homes on 1 parcel.... Of 221k ... 1 house is 3 bed 2 bath rents for $1250 mo. Second house is detached and rents for $ 900 month include garage....seller claims c...
John Powers
AI/Machine Learning tool to analyze Real Estate Markets
Hello, I wanted to get feedback and thoughts from Investors and Real Estate professional on a potential tool that would use machine learning and AI to create scores or ratings on real estate markets at the zip code le...
Donny Minor
Direct mail
If I wanted to wholesale 5 houses from absentee owners approximately how many letters would you have to send out I understand there are many variables but I've been told that numbers don't lie and I'm sure there's som...
Andrea Ochoa
Refinance vs HELOC? which one and why?
Hi everyone. My names is Andrea and looking to see what people are currently doing in regards to pulling your money out to move on to the next property. Just did a rehab I already on a property that has 2 homes in on...
Fabio Busatto
Buy&Hold - Would you consider this as a good deal?
Would you consider it as a good deal? If so, why?Purchase Price $ 130.000 Improvements $ 5.000 Closing Costs $ 3.900 Total Cost $ 138.900 Downpayment20%Finance Amt $ 104.000 Downpayment Amt $ 26.000 Interest Rate2,00%...
Justin W.
Financing options on multi-building property
Hi all. I'm looking at a couple properties that have multiple houses on the same. The only options with my banker are to do that as a commercial loan with a variable rate (fixed for 3-5 years) and then adjusts. The...
Dushyant Ravi
Multifamily loans interest rates & pricing 101
I receive many pricing guidance requests for Freddie & Fannie Multifamily loans, so I figured I can shed some light on how I as a banker price loans. This will largely be focused on how agencies look at pricing bu...