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My husband and I are getting ready to purchase a SF rental property. My accountant referred us to a commercial loan officer at a local bank, because that's how he purchases his rental properties. I haven't heard Br...
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Hello, I live in the Dallas area and currently have the option to take out $150,000 - $374000 on our home in a type of HELOC at a fixed rate of 8.03% on an 18-year term. Would it be wise to take out the min or the max...
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Hi everybody, I'm a newbie looked to purchase my first rental property with a conventional loan. I applied with a few lenders and they pulled my credit score. Both commented that I had an excellent score, in the high ...
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Hello BP,Jumping right to it, I'm wondering how do I know if the interest rate my mortgage broker is telling me is "good" or the best I can get? Can/Is he ripping me off or is this federally regulated therefore no wo...
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I found several houses on the market with prices too high to sell. However, the seller has a large mortgage with 3% rate.For example, a house is listed at 500k, with a 380k mortgage of 3%. Seller bought it at 480k in ...
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I owned, self-managed, and developed a number of properties before the 2008-2009 real estate crash. I have since recovered and have started and investment group in Chicago,IL. All principals have 700+ FICOs and we hav...
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I am forming an LLC with three other partners in order to protect our individual assets when buying real estate. Unfortunately, the LLC has no credit history (as it is brand new) and has no borrowing power. We are t...
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I had a "private lender" call me today offering to get paid on back end once funded. He's in Canada and I just wanted to know if anyone has heard of them ... Paciscorp Inc.I googled them and got some sort of lead gene...
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Can somone offer insight All in One HELOC? or It' s a 1st position HELOC?I have a property in TX that doubled in value and because of TX strict rules I cannot do a regular 2nd position HELOC on an investment property....