David Schulwitz
No more W2 - Want to use leverage to buy SFHs - HELP!
Hello Beloved BP Community - I come to you once again for advice:I spent the last 10 years of my life being a W2 individual with decent income. During that time I bought and sold two single family homes (SFHs) which ...
Adonis Yancey
FHA or Conventional loan
For an investor who is house hacking which loan option is better? Conventional or FHA. I learned that typically for FHA you can put down 3.5% but for conventional you can put down 3%. For the FHA you get charged twice...
Cindy Gonzalez
Refinancing primary residence for an investment
I purchased my primary residence in 2020 and have built some solid equity due to market changes and forced appreciation - I am working with a private lender to pull equity out of my house to purchase a duplex/triplex...
Harpreet Walia
Line of Credit
Me and my wife recently bought a new residence place for primary living. This is our first propertyWe are under conventional loan at 4.1% interest rate for 30 years. We dont want to keep paying for those many years ca...
Andrew Merritt
Small Multifamily Portfolio Loans
I've accumulated 14 doors spread over 6 properties and I'm looking to consolidate finances and pull out some equity while interest rates are low. Does anyone have a recommendation for someone to contact about a portf...
Will Barnett
The rate freeze
What is your opinion?
Personally I think it is a terrible idea. It's just gonna slow the bleeding, at least until rates adjust again and we are back in the same situation. I swear, when I hear Bush promoting it I g...
Ketra King
Advice Needed - Purchasing Parents Home
Hi all. My father recently retired and he’s struggling to make ends meet. My parents owe about $20,000 on their original mortgage on their home, and there’s a HELOC with a balance of about $40,000. The interest rates ...
Lee Gardner
Cash out refinance vs HELOC for ADU construction question
Hi all,We're homeowners with no other investment properties, and we're planning on converting our detached garage to an ADU. My brother-in-law (who has a few rental properties) suggested we do a cash out refinance on...
Danny E Wyatt
Replace Your Mortgage with a heloc
Saw ad for Replace Your Mortgage Its done with a heloc, supposedly pay off in 5 to 7 years. Anyone know if this works?
Douglas Middleton
HELOC 1st Lien Position
Hi fellow BP Colleagues! I am searching for a lender that will provide a HELOC in the 1st lien position on 3 rental properties I own. I am finding lots of evidence of this elusive loan product around the BP forums,...