Claire McCormack
Best Financing Product for Quad
Hi there - first time investor looking to finance a $1M quad. Can’t use it as a primary and live in it, because we just bought a suburban house for the kids. Interest rates are SO high, coupled with a minimum of 25% d...
Eric Metz
Is This A Deal? Possible Lease Option
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...
Jose Bernard
New Fannie Mae cash-out Refinance seasoning Requirement.
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...
Monish Lillaney
Cash Back Refinance Options
I am about to do my first cash back refinance. Here are my final two contenders as options... Which would you choose, and why?
3.1% 30 year fixed, with 170,000 cash out -- positive cashflow of 1500 after cashback
...
Mark Walker
Loan options for a 5 unit house.
Community bank terms are 8.5% for 20y. Any other options? DSCR?
Jesse Barahona
best refinancing strategy to re-invest ?
Hello all! Me and my family currently live in a single family with a debt of $50k left of mortgage, if we sell the home we can lock in a good 150K sale price since the market in my area has gone up really well. Im her...
Ryan I.
Short Term Funding For Investment Project
Hi All,
I am looking for some advice regarding best ways to acquire short term (approximately 24 months) capital for real estate development projects I have an opportunity to be a part of.
Long story short, I am a ...
AJ Wong
Interest only loans are the new black for investing in STR vacation rentals
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...
Cory St. Esprit
Hard Money Lender - Commercial
I am looking for information on a hard money lender for a commercial building. I'm a Subway franchisee with 24 restaurants. I'm purchasing an additional unit in Western PA that includes the real estate. I have the fra...
Zane Cress
Buying grandparents home, how to finance
Starting the conversation about buying my grandparents home in the mountains. They own all their assets outright and will probably remain in the property for another year or two. My rental properties kick off enough c...