I recently deposited a large title company check at my friendly local credit union, proceeds from a recent sale. My model is BRRRR, so I will be hunting for another distressed asset to rehab, and that money will be t...
During a discussion with my mortgage broker today, she mentioned that as I start doing real estate flips, an Exposure Line will be a good financial product for me. By her explanation - they (the bank) offer a line wor...
I'm currently with Regions and they're fine for a traditional bank but I find that they don't do heloc on rentals, only cash out. What bank do you use and what are the pro and cons that you've observed?
Hello BP members! We are preparing to leave our W2 jobs in a few months to move into full time real estate investing. We have a good amount of equity in our primary residence as well as one of our rentals and we would...
I came across in rent to retirement podcast that there is a 5% downpayment option for investment properties from a credit union. Does anyone know the name of credit union and used it for lending to buy investment prop...
Hey y'all, I owner occupied and house hacked my current residence for nearly a year and am looking to open a HELOC on it. I am moving out to do the same thing all over again but would like to access the equity built i...
Can I pad background and credit check costs thus compensating me for my time and effort?
Context / background info: the VA loan is a mortgage product, you can think of each interest rate as a sub-product. Each sub-product has a price, called discount points. When that 'price' is a negative number, we call...
What would be the wise choice when looking for a mortgage on a personal residence near Raleigh Nc. Mortgage Broker or a local credit union? Pros and Cons? Any recommendations?Persons Basic infofair-good credit score...
I need some seasoned investors' $0.02 on this....
I currently have a few single family rentals and looking for more. Instead of taking out individual mortgages on each new property, is there a lending product (simil...