David A.
Best Bank for Landlords?
Hey all! I've been doing some searching for this (both on Google & here) and finding mixed/outdated information about what bank is best for a landlord. I bank with a credit union that doesn't offer great business ...
Lloyd Hardrick
credit score 695 and above
Hello again BP!I've recenty approved my credit score to 695 or higher. I was wondering what are some options I may have as a "rookie" investor. #adviceneeded
Adam Bartomeo
How to Get 0% Funding Using Credit Cards
After emailing a few investors about using credit cards to free up capital I realized that not many people know how to use their credit cards to free up cash without getting hit with huge interest charges. I started r...
Kelvin He
Should I refinance? Investment or primary?
Current properties:
Investment (Value: 550K, Mortgage: 225K, Int Rate 4.5%, (-$200 Cashflow))
Primary (Value: 600K, Mortgage: 285K, Int Rate 3.5% ($0 Cashflow, and I live in it for free)
Goals: Increase net worth, ...
Nivetha Vijayaraj
Loan jumbo vs conventional
Hi, Can anyone explain the difference between jumbo and conventional loan?What is the limit for jumbo loan?Is it good to go with jumbo or conventional loan?
Scott Pierro
Can an LLC be used to circumvent reserve requirements?
Hi, I'm currently operating 7 properties all financed through conventional loans without an LLC. I'm considering an LLC this year for the 20% tax bracket for pass throughs from the new tax law. I plan on moving my fin...
Dina C.
Are gift funds allowed when purchasing a second house?
I bought a house for $300K in cash 6 months ago that I want to use as a vacation house. My domestic partner gave me $60K as a "gift" and I am adding him to the title. I want to get a 30-year mortgage now and pull my c...
Jay Dean
3 finance options - Struggling to decide
My wife and I are under contract to buy a home. We plan to do a live in renovation with the intent of making it a rental (selling only as a plan B). The future plan includes buying another home, possibly fixing it u...
Cory Dean
BRRRR Strategy In DFW
I'm really interested in using the BRRRR strategy to purchase my first property in DFW. I feel like the BRRRR method seems like one of a hand full of ways for a "small shop" to get their hands on RE in the competitive...
Mark H.
Non-Recourse Loan for LLC?
Hello BP friends,I have an LLC that owns one SFR valued at about 250k in a beautiful neighborhood, and cash flowing nicely. Current commercial loan on it is about 130k and up for renewal in half a year. I can pay off ...