Hi smart people,I am deciding between pulling capital out either through an investment property HELOC or cash put refi. Which would you choose and why?HELOC~60k out (80% LTV)-no origination fee, $99/year which can be ...
I understand the first half of this strategy... By buying a property in cash, it gives someone the upper-hand in negotiations vs someone using conventional financing. Then when the deal is done, refinance the property...
Dear BP - I have a rental property that was originally my primary. I purchased it with 5% down in Sept 2009, at a 5.375% interest rate. Due to my taxes going up, still paying PMI and not putting enough down I'm negati...
Hi, newbie here and just started learning all about RE.My parents are willing to sell their house to me and my family for way lower than its market value. It's a big 5 bed / 3.5 bath house -- but lots of work to be do...
I am new to the real estate investing field and am seeking advise between choosing a HELOC/Cash Out refinance loan for funding.My primary home is paid off and valued at approximately 600k. I am looking to get a loan f...
The seller has agreed to pay to have the roof replaced prior to close of escrow at the original purchase price / appraised value (which itself is about 3% above original asking due to other interested buyer). This wou...
I signed a contract around Jan 2020 for a new town home (earnest money - $7500) in Atlanta and closing is on April 27th.
Seller(Lennar) already started selling for lower prices due to Coronavirus effect, can we ask ...
We are looking to refinance properties after being rented for 3 months and pay fees under $3,000. Rates should also be between 3-5%. Any ideas where to search for this? What are some key words we need to search on goo...
I just put an offer on my first multifamily property in Atlanta! It’s a triplex and I plan to live in one of the units. I have been researching multifamily for a few years and planned to create a LLC. I have asked two...
Hi all,I'm wondering which institutions are currently the best for a commercial building line of credit. Asset type is retail. I have calls to Chase, Wells and some smaller banks. Any specific lending institutions I...