Elenis Camargo
Is borrowing on LTV real?
Hi BP! I called several hard money lenders a few months ago and they all said they would lend 80% LTV but that their LTV is based on purchase price. Listening to BP podcasts and reading Brandon Turner’s book on invest...
Tracy Humphreys
100% financing
Someone I know is looking to purchase a 3 family for 100% financing...no doc, is this possible? Eith all the mortgage regulations going on, I don't think so.
Also, this person said the the purpose for them purchasin...
Kevin King
Apply for HELOC now for future investing?
So, I have a duplex that has about $150,000 in equity and I am starting to think about purchasing my next investment property. Ideally I'd take $20-$30k out with a HELOC to fund my next downpayment. I hear that gettin...
Ishviyan D.
Sale price vs appraisal
If an appraisal comes in at a higher amount than the sale price, does the lender fund based on the appraised value or the sale price? E.g, sale price is $80000. Appraisal comes in at $100000. If the bank lends at 80% ...
Mariah Jeffery
85% LTV Financing for apartment building?
I'm interested in purchasing an apartment building for about $1.1M. I have enough cash to put 15% down. Are lenders doing 85% LTV commercial mortgages these days? If so, will it be an 75% and a 10%? Will the rate be h...
Andrew Simms
Primary Residence - HELOC - PMI - First Deal
Hi all,I have been a BiggerPockets lurker for quite a while. My wife and I are looking to get into buy and hold rentals in the Southeast. Our plan is to use the BRRRR strategy with a HELOC on our primary residence as ...
Adam Britt
A question about refi of private/hard money loan
Good evening BP!There are a few individuals I know who may be willing to fully finance a property acquisition with cash. Once I buy the property, what are my options to refinance with a conventional loan (at lower per...
Mack Lev
Using HELOC or LOC or both to fund real estate investments?
Okay so Iam a novice investor with only 1 rental property under my belt that is owned free and clear (also I'm only 21). I was thinking about using the equity in that home to go out and do other real estate investment...
Gregory Schwartz
Is this too small for agency debt?
Hey BP,
I'm an investor here in Bryan / College Station, TX. This metro is a great market and I love my portfolio of 4-plexes but I'm looking to take down an apartment complex. As I expand my search throughout centr...
Joe Kim
HELOC lenders - anyone better than 70 LTV on primary home?
I think this is a good time to get ready to buy more real estate. I love using a HELOC which I have done so in the past to help with downpayments or repairs. All tax deductible with no limits (except the limit set b...