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I've invested in MA and I'm realizing that I might have been incredibly lucky. I've got 10 loans from 2 local credit unions. All the loans are made to my LLC (they don't appear on my personal credit report) and the ra...
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I have a duplex in Renton WA. I am renting one unit out and living in while rehabbing the other. I am wondering if its possible to borrow equity in the property to finish the rehab?
I owe $330k and ARV is $600k (bas...
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In searching for financing options that set me up to purchase a PR to rent later OR purchase a REI later, 2 viable options right now are:-0% down, with no PMI, but with fees of 1.75%, 1% and normal closing costs-FHA 3...
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Hi everyone! Florida investor here. Im about to purchase property #2 and will use equity from #1 for down payment. I was planning on doing a HELOC until someone mentioned a second mortgage. My understanding is it woul...
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Hello BP Family,
I am interested in hearing your thoughts (possibly even using as a recommendation) regarding the option of doing a cash-out refinance on my primary residence or refinancing and taking out a HELOC?
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I am new to real estate investing and currently own 2 condos and a three family home. I’m looking to scale my business and trying to figure out the best way to do this.Both condos were purchased in the last couple yea...
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From 2003-2009 I was 20 years old and had my first real job and taste of Real Estate for a mortgage company at HomeBridge Mortgage Bankers in south Florida.It was a crazy market and a crazier place to work, but I lear...
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Good day BP community. I am venturing into a little bit of uncharted territory with a lead that came across my desk today and wanted to ask for the advice and wisdom of others. I've done a few wholesale deals, and som...
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As we all know, in the recent weeks Fannie Mae changed their seasoning period requirement for conventional cash-out refinances. It changed from 6 months to 12 months. I'm wondering, what is your take on how these chan...
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I've been thinking of investing in a multifamily for about 3 years now and finally taking action. We've been pre-approved but running into confusion on the best option going forward.
Background: We currently live in...