Ryan Morrissey
STR Rehab Financing question
Looking to purchase a property that needs some foundation rehab (and interior updating as well) and looking for financing advice.Normally I would aim for 2nd home conventional loan (it will also be my family’s vacatio...
Houston Anglin
Need loan help asap
I have a property that is own free & clear but am having trouble getting a loan do to high credit utilization & no extra $ to pay off to get credit score up for Traditional lenders . But if loaned the $ on fre...
Michael Gayer Jr
Acquire property in your Own Name or an Entity? Depends on ...?
Aloha Investors,Total Newbie Question (from Hawaii) ...Do you acquire property in your Own Name or an Entity? Universal practice OR depends on circumstances?Thank you in advance,Mike
Wogderess H.
Near 0 down payment for investment property
Hello everyone, I just joined biggerpockets although I have been reading articles and forums for several months on the site. I have a question about buying my second investment property. I just got a Mortgage First fu...
Charles Perkins
HELOC vs Home Equity loan
I'm working on a short plat and will be building another house on the new lot. I'm in the process now of looking at financing options for the build. I prefer a HELOC to a loan. I'm interested in your thoughts.
Pirom Ting
Credit cards cash advance to fund down payment
My wife and I are thinking to take out cash advances from her credits cards, to gift over to my account for a down payment on an investment property. We're looking to get $15K-$20K out of it.We're looking for advice o...
Vincent Casiano
Vacation home mortgage
Good afternoon folks,
I’m working on acquiring a STR in IN. I’m going to use a vacation home mortgage to fund it. Is there a minimum amount of time from close until I can start using it as an Airbnb?
Thanks in adv...
Sam S.
Servicer charging ridiculous so-called "lender-paid expenses"
We bought a property subject to existing mortgage. It was behind on payments and was scheduled for foreclosure auction in Texas. Before we brought the mortgage current, the servicer had told us that the Cash Advances ...
Mark Gibbs
NPN-2nd position, first in foreclosure
I'll get this right out of the way up front, note newbie (i.e. 1 note). I am looking at a second that has an unpaid balance of approximately 30K. The first is foreclosing on the borrower, the court date is set and the...
Sandy Metivier
commercial lender need to be in the same state as the property?
Hi… I have a 6-unit in Cleveland OH that I own in full, and now I’d like to seek a cash-out refi commercial loan/mortgage. Does the lender need to be in the state the property is in (Ohio)? (Oh, and I live in CA).I’m ...