Good Evening BP,Just as the name suggests, has anyone dealt with having to translate lease agreements from inheriting tenants for loans or other?My loan provider is saying they cannot proceed without english leases. T...
Hi BP community,
I'm seeking a Home Equity Loan provider in CA so I can utilize the HEL to payoff our HELOC (30 year, fixed rate at 6.5% with a 10 year interest only timeframe before paydown). I don't want to do a ca...
For Rentals in MI, are there any recommendations for Non Recourse loan providers? I have excellent credit (around 780 - 810), but would still need to stay away from Personal Guarantee on these LLC owned properties. ...
I am in the process of a refinance with a local mortgage broker. She has me set up with Freedom Mortgage Corporation. After looking at several online reviews, i am not comfortable moving forward with this refinance. H...
Hi,Newbie here! I recently got a single family home for 219k and it needed around 11k from my pocket to make it rent ready. It’s mostly painting , adding carpet to two rooms, cleaning, repair to the roof. Will my pro...
How can you use a USDA to invest? I'm currently reading 'the book on investing in real estate with no and low money down' by Brandon Turner. And I'm reading about the USDA loan, (in the book, it states that its only f...
I’d like to get a HELOC on 3 rentals that are paid off. Ive heard you can not do that anymore. Is this true? Does anyone have a suggestion?
Thanks for your help!
Hi,I have two condos near Fort Lauderdale, Florida (Broward Conty) that I bought cash and each would appraise at around 80k today. Both are rentend with long-term tenants and are held by a single LLC. I have been cont...
It's likely I conceived the most horrendous financial plan many of you have seen in a long time, so if anyone would like to save me from my ignorance I would be more than indebted to you. In short I would like to take...
I am an Associate Broker and I have been approached by my Broker which owns the independent Brokerage in purchasing the business. I am looking for a lender that can do this. No RE involved just the business. Any recom...