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Hi all,I am looking to get a HELOC on my primary to expand my rental portfolio and I came across Andrews Federal Credit Union with the following terms (property is in CA):The contact said they can go as high as 100% L...
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I'm running across some posters who have their profile hidden. Is this a new thing in the "new BP"? I'm curious as to what it's about. Why would a person choose this?I'll often click on a person's profile before answe...
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So over 2 years ago I bought my first investment property. It’s an upper/lower duplex that me and my fiancé live in while renting out the upper unit. We are looking at getting another investment property. We don’t hav...
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Today I submitted a verbal offer on a purchase for land in Hawaii. I contacted the listing agent directly and told him we're not currently working with an agent. I offered that the agent could either represent us as a...
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BP Community,
In this blog post, I'd like to discuss my situation as a self-employed individual seeking financing for a new construction project on a triplex in Charleston, SC. Despite having a credit score over 70...
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When buying your 1st home/real estate investment is a real estate agent needed on your side? Or what if you personally found home you want to buy without a real estate agent...is it recommend to engage an agent?
Hello All,My name is Richard Santana, I am 28 years old and a high school engineering teacher. My wife and I purchased our first house 2 years ago in December and an looking to pull a HELOC or see a lender to purchase...
Hi Everyone,I’m looking to buy my first rental property and I’ve seen countless videos and articles about using a HELOC for a downpayment on the property. I don’t have enough money for a downpayment but want to start ...
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Hi BP friends,
I'm trying to learn when the diligence process happens in the purchasing flow of a mobile home park. I know theres a lot you want to do once the property is in escrow (check the sewer, confirm financia...
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I'll try to provide the numbers you may need to help, but if I didn't just ask. This is not my strongest area in REI. I'd like a little more background knowledge before I talk to the bank.
Property loan information:
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