David Zachery
HELOC vs Hard Money w rehab included
So I have a good amount of equity in my home, and looking at property w moderate rehab (short of knocking down walls). Would it be better to do a hard lender instead of HELOC and include rehab costs in the monthly pay...
Jaimie Sagerquist
help
can someone like me on the free version with no experience make money here?
David Keller
Adv/disadv for buying 30-50K house in full for rentals
Newbie into real estate. Im in the process of securing a loan for the purchase of my first piece of investment property. Loan officer suggested i have up $70K in a heloc that i could use to purchase a house. What are ...
Leah Stuever
Rental unit loans (for multi family)
So I am looking at different loan types to see what options might be best. After some forum searching I have seen people talk about "Debt coverage ratio loan" or "business purpose rental loan." Loans that use the rent...
Chris Rogers
Buy brrrr property in personal name or corporation name?
I’m looking into my first brrrr property. I’m using a heloc from my personal address to get started. Is there any down side as far as refinancing goes if I buy the home in a corporation name that I set up ? What’...
Ian I Leinwand
HELOC based on Prime or LIBOR?
Greeting All,I'm looking for opinions on HELOC products. I working with two local lenders one has traditional HELCO based on Prime plus 1% and the other has a product they call The All in One Loan (AOL). The AOL rate ...
Jason Bartram
lender asking for 1-4 family rider AFTER closing over two weeks
So we closed over two weeks ago, the attorney is saying the lender forgot to add the 1-4 family rider, and want us to initial it as an addendum.. any thoughts?Hypothetically, the property may or may not be student hou...
Saajan Murali
How does one keep getting mortgages? Isn’t it capped on income ?
I see these podcasts where many talk about owning 50 , 100 or even 400 properties. I understand the total mortgage payment should be at 30% of salary and wonder how someone can get so many mortgages? Can anyone help m...
Sean Rotbart
Help Me Figure out What's Next - New build? San Antonio
I'm Air Force. Currently have 2 rentals. Doing a cash out refinance and evaluating new construction in San Antonio. I'll have about $95K to reinvest. I'll be geographically separated, so I'm looking for simple inv...
Eldar M.
First timer
I am debating between SFR and Multi ,what are the advantages and disadvantages in each as a low budget-first time buyer.
I want to purchase my first property, and I wouldn't mind combining it as an owner occupied pro...