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Results (10000)
Olu Efunwoye Need to pull out equity to fund the next deal
2 October 2024 | 13 replies

I owe a mortgage bal of $126k on a property worth $375k and have about 8 years to pay it off; rate is 3.37%.
I need to tap that equity to purchase other properties. The options I'm considering are:
1. HELOC at 75%...

Bryan Hancock Rate/Term Refinance - Market Product
22 August 2023 | 4 replies

It's been a while since I did a rate/term refinance for a SFR that we'll hold for investment. I spoke to someone today who specializes in BRRR refinance loans with a scenario where one of our controlled entities will...

James Burciaga Looking to cash out Equity from rental property.
29 January 2024 | 11 replies

Hello All, I'm in Texas and I'm looking to pull some equity out of a rental property.  What type of loan should I be looking at?Home value $285k, rents for $3,000/mo.  No mortgage on the property.  Looking for $175k- ...

Jason Scott Which Mortgage Option Is Best for My Situation?
1 October 2024 | 6 replies

Hi, I'm in the process of deciding between two mortgage options for a loan amount of $180,000 with a 30-year fixed-rate term, and I’d love some insight from the community. Here are the details:**Option A:**

- R...

Dan N. Conventional Loans 7/2023 - Is it true there no par (rates with no point cost)?
2 August 2023 | 12 replies

I just got a quote from a conventional lender for 7.75% with a 2.5 point buy down.When I asked what would be the rate without a point buy down, they said: " There are no par (rates with no point cost) rates for invest...

Eric Chow Help With Lender Options
10 February 2022 | 4 replies

Hello Everyone, I am a newbie and about to make an offer this week on my first rental property (duplex)! I have a couple of options for financing that I would love to get some advice on. To keep it simple I basically ...

Kris Kempe Subject to exit strategy PLS HELP
22 January 2025 | 13 replies

Hey BP fam, 
Have a single family home I got under contract and planned on wholesaling. Nice property in Texas and the entry is 12k. The only issue is the interest rate is 7.125%. I’ve tried posting it in communities...

Daniel Alexander NEED HELP WITH HELOC OPTIONS ON WHICH TO CHOOSE
15 April 2023 | 11 replies

Should I do a HELOC that has a fixed low rate (5.875%) that doesnt have an option for interest only payments, or a Variable rate HELOC (prime 8%) that has an interest only payment option...i would like to use the fund...

Leon Huggan DSCR LOAN or 5/6 ARM LOAN
7 October 2022 | 8 replies

what the Pros and cons 

Jephte Augustin Cash out refi rental property with DSCR loan
27 August 2024 | 12 replies

I have a questionI have property I just acquired and renovated with a Fannie Mae loan. I’m looking to cash out refi, but I have to wait 12 months of seasoning before I can do that. Does that seasoning period apply if ...