Zach Kirchoff
Gap Funding/Lines of Credit
New to the community here. Medium sized flipper here out of Minneapolis doing between 40-50 deals per year. Looking for insight into borrowing money to cover down payments and floating capital between renovation draws...
Anthony Gayden
24 Unit. Residential Mortgages or Commercial Loan?
Let's say there was a 24 unit apartment complex that you wanted to buy. The complex is actually composed of 6-4 plex buildings all on separate parcels. Would it be better to finance through residential mortgages or th...
Simond Wong
Refinancing my mortgage
Hello, I am interested in refinancing my rental property that I have had for 3 years now. What variables should I research and consider in refinancing my mortgage. I am trying to take advantage of the really low rates...
Michael Greer
Small loan = Higher closing costs?
Hello,I'm purchasing three 1b / 1b condos in a good area here in Ohio.I'm financing through a bank and received my final closing disclosures on one of the units.Purchase price is $40k. Loan is $32K.Closing costs are $...
John Ford
HELOC or equity loan
I have an investment property that has a crap-ton of equity from appreciation, about $250k in equity. My credit union will give me up to $100k in either an investment HELOC or investment equity loan, which I'm plannin...
JP Krueger
Sell as 2 family or condo conversion
Hi, I own a 2 family in East Boston. It pretty much needs to be gutted on the inside(except one unit was recently partially redone) and needs everything on the exterior as well. I need the cash so I am looking into ...
Johnny Scott
Are there lenders that will work with a 644 fico
The lenders that I have come across have all asked that my fico be at a 680 or above to start doing business with them. I was trying find out if anyone knew a Lindethat was willing to work with a 640 score 644
Michael S Davis
Seeking Advice for Investment Financing Strategy
Hello fellow Bigger Pockets members,
I'm a real estate enthusiast with a modest portfolio. I'm at a pivotal juncture where your collective wisdom would be invaluable. I'm looking to transition to full-time investing...
Trecia Benjamin
How do I use my current properties as collateral?
I'd like to purchase other properties using my other homes as collateral... What is the process?
Roy N.
Looking for thorough tutorial on US Mortgages
Good morning BP!
We are getting closer to that point in time where purchase of a US residential property (4-unit) will become a reality. In preparation, I am looking for a thorough, but concise tutorial on ...