Able Waller
Self Employed (Investor) looking for Condo HELOC / REFI
I know this probably sounds like too general a question which google would plaster with results. . . but I'm looking for the more 'investor slanted' take on what my options are for this situation. I've purchased ...
Jack Martin
No income needed for investment properties
Maybe everyone knows about this program; it's called DSCR which stands for Debt Service Coverage Ratio. So, depending on what your cash flow is, qualifying is based on what your RENTAL income vs. debt service is. Even...
Lawrence Dunlay
Building Portfolio Starting Out.
Can an investor borrow against one property in order to fund a down payment for another property?
John D.
Irrationality of HML rates -- one size fits most?
By way of background, I've bought 8 SFRs in the last 18 months, 4 with conventional loans and the other 4 in cash. These properties are worth approx. $2.5mil, and I owe less then $700k on the mortgages, so net...
Alfredo Alfaro
Creative Downpayment Alternatives
I remember listening to some podcasts and hearing that you can get an 90/10 or 80/20 or 70/30 LTV and use creative ways of funding the 10%, 20%, and 30% down. I have found some loans and not just traditional loans but...
Alfredo Alfaro
20% Down Alternatives/Creative Alternatives
I remember listening to some podcasts and hearing that you can get an 90/10 or 80/20 or 70/30 LTV and use creative ways of funding the 10%, 20%, and 30% down. I have found some loans and not just traditional loans but...
Robert Shelton
Refinancing a Home Run BRRRR
Used search function and can't find my exact scenario so just thought I would jump in with what I hope will be a "value add" to the forum. I recently bought a Historic District duplex (separate buildings) 2/2 and 1/2...
Isiah Ferguson
Am I looking at this the correct way ?
I puchased this property. The reason I paid cash is because I couldn't find a bank to loan my anything with 20% down, so i took this route. My goal is to expand my portfolio and create passive income.Turnkey duplex pr...
Matthew Addison
Using HELCO from portfolio to fund new Tri-plex renovations
Hello,I'm buying my third Multi-family and will be closing this July 2022. All my properties (3) have been funded by VA Home loan. This will be my first time trying to use my equity to fund renovations. My goal is to...
Olu Efunwoye
Need to pull out equity to fund the next deal
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%...