Duncan Milne
HELOC included in Investment basis for ROI and COC?
When financing a portion of a down payment using a Home Equity Line of Credit, should the credit portion of the down payment be included in your investment basis for the purposes of calculating COC and ROI?A simple ex...
Jason Stephens
Loan / Next Step Advice
Good Afternoon.Ok Guys, this is my scenario. I am going to include my real scenario with as many specifics as possible so I can get the most detailed advice, I could use it. I am 35 years old (today) and my wife and ...
John Worley
What is Hard Money?
I write little articles like this one for my monthly newsletter, but I thought I'd post them on the forums I visit as well. If you like what see and would like to recieve my newletter, then you can sign up for it on m...
Tarcizio Goncalves
First time listing an apartment for rent
Hi BP community, I wanted to get some help with 5 questions I had regarding listing my apartment. First question:I am listing my rental apartment for the first time. I bought the landlord forms for my state on BP and ...
Lance Nobles
Any Lenders for a personal residence - Low LTV, crap credit!
I’m trying to help someone out and the personal residence/hard money lending is not my forte as I avoid anything consumer. Probably under 70% LTV (closer to 65%), but credit score is a 541. Usually 45 to 60 days late...
Jean Torchon
Shopping for 80% LTV Cashout Refi On Investment Proprty!
Completed rehab in 2020 on fully Rented Investment property.
Current Debt- 153k (HardMoney)
Any great Bank or Lender suggestions would be great during this Covid Time
Jonathan Orr
CAMs from a commercial property manager perspective
Hi BP
I wanted to get your opinion on what is included in Common Area Maintenance fees (CAMs). I know that most if not all fees for the maintenance and care of the property are included. However one thing I am wonderi...
Kevin Galimba
Family member as tenant
Hi guys!I just purchased a 4 beds 2 bath single-family property in Jacksonville, FL. I used conventional 3% on it with downpayment assistance. I have my dad and two brothers to help me with the monthly payment. So in ...
Loc Nguyen
Couple of questions for rehab project.
My first question is i was reading a book and they had an example of the cost when doing the project and one of the was Holding cost can anyone explain this one to me, this is the cost of holding the house and paying ...
Manuel Garcia
New to financing need advice
Hi guys, I’ve been a landlord for the past two years by trade I am a general contractor (I own my business) I currently have two rentals including my personal home which I paid CASH for. After doing some math I’ve co...