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Results (6928)
Amber Bennett Using HELOC to fund a deal. Interest only or no?
10 April 2018 | 4 replies

Hello All! Newbie here! I’m looking to tap into my primary home’s equity to purchase a buy and hold. I’m trying to figure out the best strategy to go with? Should I do an interest only HELOC? And why?Thanks I’m advanc...

Brian Joseph OConnor HomeStyle Renovation Mortgage
29 January 2021 | 0 replies

My wife and I are REI newbies so your feedback is appreciated!!  We need to relocate closer to my W2 job location so we need a primary residence but we also want to get started on our REI journey.  Not really wanting ...

Ryan Matthews No HELOC due to seasoning. Any other options?
16 June 2016 | 0 replies

I'm an amateur flipper who completed his first flip and listed the property for sale. The property was purchased using a traditional owner-occupied mortgage and is a SFR. I am currently living in the property as my pr...

Dan Wynn HELOC vs Cash Out vs Traditional Loan
18 February 2016 | 1 reply

Hello BP friends,I am working my first deal and trying to figure out the best financing option. I own a primary residence through Va financing, have 15k saved, 735 credit score, and a steady income. Looking at SFR 60k...

Jarrod Miracle Lender Needed: South Carolina Land/Mobile Home
3 April 2017 | 1 reply

Does anybody have any recommendations for a lender that can help me finance a property in South Carolina? I am trying to purchase a piece of land that has a 1971 single-wide mobile home on it. The home is in great sha...

Lauren Nguyen What do you think about this financing?
9 June 2015 | 0 replies

I'm very new here but have done a lot of reading. I know some follow "creative" financing strategies, however, I am not much of a risk taker and am hoping for minimal risk. Our goal is to buy and hold to allow for "ma...

Tom Albares Second home loan from Navy Federal FCU
30 March 2022 | 11 replies

My wife and I currently own two short term rentals in Tucson, AZ.  Both were bought as investment properties using conventional mortgages and 20% down.  Navy Federal, who I bank with, has a second home mortgage with a...

Christopher Nerio How to best handle boarder income?
28 January 2017 | 11 replies

Hi, I rented the rooms out in my basement this past year and collected $16,200 in income. How can I best handle this income, come tax time? It's obviously a good chunk of money that will be added to my income but have...

Thomas Klein DTI stopped my refinance
21 February 2021 | 18 replies

Hey all,
Hope everyone is doing well. I wanted some feedback on a great problem to have. (I think...)I thought I had good rentals. Haha 
The credit union I use (Space Coast Credit Union) told me my DTI was too high ...

Frankie J Ortiz Hard money lending To Newbie With Excellent Credit
14 March 2022 | 13 replies

Hi, my name is Frankie, I'm looking to purchase my first rental property in which I will be living for the first year. My question is since we are in such a competitive market. Can I get a loan from a hard money lende...