Billy Houston
Loan types and how they fit into investing
I am new to the rental game, kinda. I rented to my parents for 15+ years and when they past I rehabbed the house and sold it for $120k profit. It worked well because it was a rental they were renting for someone else,...
Filmon Michael
HELOC - higher LTV at higher rate worthwhile?
Hello BP. I am trying to tap into my home equity (Heloc) for buying additional investment properties. Lender gave me two options for Heloc limit and rate: Option 1 - limit of $171k at a rate of 4.75% and Option 2 - li...
Joe Splitrock
Surprise! 10 Mortgage Limit Includes a HELOC With Balance
I have been aware of the 10 mortgage limit on conventional financing as we moved towards it. We have 9 currently and one HELOC on our personal residence (no mortgage on residence). I previously understood that the 10 ...
Scott C.
NC Mobile home Interest Rate ???
What rates are yall using in North Carolina when you sell Mobile homes (Lonnie deals)?I'm trying to understand the NC general statutes regarding setting Mobile Home interest rates. I think I understand, but my interpr...
Andrew Briones
Cash Back Credit Cards
Any suggestions on a "Cash back credit card?" If you recommend using one or if you know of one with a great rate.
James Lambert
Using Credit Card to Finance a Flip
Hey Everybody,I am new to investing but I have been working with a mentor. He just presented me with an opportunity to flip a property with him. I have 2 credit cards with a combined limit of $25K. Is there any way t...
Zach Wain
2021 Conventional loan size update
Hello All,Each year the Federal Housing Finance Agency reassesses the conventional loan size and high balance/super conforming loan size limits. After some speculation, the analysts were pretty accurate. Most predic...
Robin Simon
5 Advantages of getting a DSCR Loan
Adapted from a twitter thread:Looking to pay a higher interest rate to finance your next investment property? Choose a non-QM "DSCR" loan for your next investment!😉
OK - higher costs aren't fun, but here are 5 ADVAN...
Maureen Campbell
Can we refi out of VA Loan to convention to capture equity?
My husband (veteran) and I purchased a home in Philadelphia in March 2017 in a neighborhood that is appreciating rapidly. We have fixed up a lot of things already and are continuing to improve it as we live there. Bas...
David Fernandez
Responsibilities of a Limited Partner in a syndication
We usually invest our idle money as a private lender. We get the negotiated interest rate on the money we lend. We don’t participate on the upside, but we don’t have to do anything else after we lend the money. I’ve ...