Travis Fisher
Life savings to pay off Only Rental house?
Sanity Check.Take $115,000 of $125,000 life savings to pay off a my only rental property in Abilene, TX. Immediately take out a commercial line of credit (I'm pre approved) at 75%, which will be $150,000. Rents $1495...
Ryan Gyllenband
HELOC in Texas on Investment Property
Has anyone had success getting a HELOC on an investment property in Texas? WF and Chase used to do it but stopped due to COVID. Looking for any banks that still do it. I’ve checked with every credit union and small...
Mary Joe
Landlord tenant rental agreement - comprehensive checklist
I am new to this. My goal is to generate steady cash flow through rental properties.
Would it be alright for me to start this thread to compile a checklist for things to remember to include in a Landlord-tenant agr...
Ben Tiggelaar
Financing a 4 plex - term sheet from lender
I have a 4 plex in Austin, TX under contract that is fully rented. I have a term sheet from Guaranteed Rate for a 30 year fixed conventional mortgage at 4.875% with no points. Is this a fair rate and pricing right now...
Byron Scott
Getting Approved for 5+ Units
Hey Biggerpockets,
I am going to start going into banks this coming weeks with numbers and a plan to purchase a 5-10 unit apartment building. I'm new to this so I wanted to ask BP: What do you all think I should bri...
Steven Clevenger
Financing Difficulties on investment property
Hello all, I was looking to see if the community had any suggestions on non-conventional financing for a home I currently have under contract. I do have financing secured(bank statement loan) but the terms of the loa...
Vince Grove
Cash back after sale??
Hello,
So I'm new to BP, and the real estate investing business. I currently have been reading a lot of the books here on BP, and soaking in as much knowledge as possible. With that being said, I have been in the mar...
Dare Adebonojo
Solar panels on investment property
Has anyone considered adding solar panels in a rehab project? Planning to house hack in Fort Worth, TX and I’m considering this to go green and possibly see a ROI buy putting energy back onto the grid.
Michelle F.
Which Banks/ Credit Unions will do a HELOC on investment property
Hello,Does anyone know any banks / credit unions that are doing HELOC / equity line of credit on investment properties?I know First Tech and PenFed are, but they both have a limit of 4 financed investment properties, ...
Bellman Tumasang
How can I build my credit score?
I am 17 turning 18 in May. How can I start building my credit score when I turn 18 as eventually I want to borrow money to invest in real estate. I’ve done research and found out that things like paying off credit car...