Meghan McGuire
Need to refinance hard money loan, good equity, bad credit
I currently own two properties a four family and a duplex. I have a FHA loan on the four and a hard money loan on the duplex. I have rehabbed the duplex and am all in for $101,000 the property is worth $162,000 the le...
Robert Obniski
Best Credit Card during flips?
Hi All,
I have never been a "credit" building type of guy. Through this site and other avenues, I have learned the importance of credit/debt as a tool.I've always paid in cash and never had a great paper trail to bui...
James Campbell
HELOC in Rhode Island
Hello everyone,
I'm looking to open a HELOC on my primary residence in Smithfield, RI. Does anyone know any good banks or cu's that offer the lowest rates, highest LTV and $0 initial draw? Im looking online at Pawtuc...
Lucy Smi
Hit a wall with high DTI
My husband and I have three mortgages together (for primary residence and duplex rentals) and we are at the DTI max, thus limiting our ability to acquire new properties. We cannot re-fi since neither of us qualifies a...
Joe Casanova
Pull Cash out on Purchase????
Is it possible to pull cash out on a purchase?
Heres the Deal: Purchase Price = 45k
Estimate Value = 70-80k
Three Family 1st and 2nd floor rented out for 450 each. 3rd floor is vacant.
M...
Ahmad H.
Commercial Line of Credit
Hi BP,I am planning to apply for a commercial line of credit with a local bank but I can't make my mind on how much to ask for and how to present my case. My goal is to expand access to funds at a sub 10% interest rat...
Matthew Law
Using a personal loan to purchase real estate
I was hoping to find someone else who has done this, but I haven't seen any posts.
I'm buying a cheap property to fix and hold, maybe BRRRR in the end. I'm still waiting on quotes from contractors, but the initial c...
Lisa Renee
Using regular loans to buy RE in cash
Hey BP Family,Can a regular bank loan be used to buy RE in cash or is that frowned upon?Thanks,Lisa
Andrew Truong
Beginner to Real Estate Investments / Atlanta, GA
Hi, my name is Andrew. I am 23 years-old from Atlanta, GA. I just recently got into real estate investing after realizing that I don't want to spend the rest of my life working a 9-6 job. I have no real estate backgr...
Irene Hunter
Will Purchasing a Property under your LLC, increase personal DTI
Hello will purchasing a property under your LLC with no personal liability increase your personal DTI? We are looking to purchase another home this spring via conventional mortgage, we are selling our primary home an...