Tony C.
Favorable lenders for HELOC on Investment House at least 70% LTV
Hi BP - I know this has been asked several times previously. However, here is my situation:I'm trying to do a HELOC on a single family investment property. It already has a 1st position lien. The HELOC would potential...
Sri L.
Financing Approved Hotel to multifamily conversion?
I am in contract on a hotel property in ABQ, in the Huning Castle area. Looking for lenders who will lend on purchase and renovation. The property is currently operated as a hotel however it is already zoned for multi...
Tony C.
Favorable lenders for HELOC on Investment House at least 70% LTV
Hi BP - I know this has been asked several times previously. However, here is my situation:I'm trying to do a HELOC on a single family investment property. It already has a 1st position lien. The HELOC would potential...
Nick Shri
Should I get multiple lender approvals?
Hey BPers - I am looking to acquire multiple properties in different markets over next few months. Do I get 1 approval from 1 lender or multiple approvals from different lenders (market specific)?
John Maynard
Phase 1 Environmental Assessment
I'm looking at a piece of commercial property that used to be a manufacturing facility in the 70's. Is it wise to request a phase 1 environmental assessment before purchase?
N/A N/A
Need hard money lender in FL
Looking for hard money lender to 75% ARV. Payoff typically in two months. Need a lender that looks at property only, not borrowers credit, income, etc. Please email me at [email protected] so I can move some of ...
Michael Shea
Introduction . looking to make my first connections
Hello - My name is Michael Shea and I am new to Bigger Pockets but a 10 year veteran in the industry. I work for Total Mortgage in CT. Total Mortgage lends in most states; we have been the #1 lender for 4 years in a...
William C.
Insights on our lending situation for a primary residence coupled with our rentals...
Summary: We have a small portfolio of SFH rentals. We are looking into acquiring a new PRIMARY residence. We would then turn our current home into a rental (again). We have only approached 1 lender (large, online only...
Kimothy Bynum
How to tell if a hard money lender/ private money lender is legit
Hey guys I’m looking at private money and hard money lenders. I was referred to a lender and the terms look really good? How can I tell if they are legit tho I see their LLC is registered. But anything else I need to ...
Ed M.
Typical rate spread for Investment property?
I am shopping for a refinance on my rental, single family home.>40% Equity<$75,000 loanI was quoted 3.0% 15 year, paying 2.125 points.Each point is worth 0.25%, or so I hear, so this equates to approximately 3.5...