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Results (6916)
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...

Ryan Lucht New and possible 1st deal questions!
4 January 2019 | 15 replies

Hello, My name is Ryan and I live in the Milwaukee, WI area. Been lurking around here and listening to podcasts quite a bit without ever really jumping on anything. With a recent death in my girlfriend's family, I wan...

Jonathan Schell Becoming a landlord - Need some direction
13 November 2015 | 12 replies

I have identified the properties I want. They are fully occupied with paying tenants. I have asked for two years of financials to substantiate the claim. What other type of documentation should I ask for? Is there any...