Cody Kayser
Hand Money Lending tips/advice.
I have been involved in real estate for a while but am thinking about venturing into the HML side of things. This is foreign waters to me. Anyone currently do some lending that can provide some advice or process to en...
Josh Michael
Heloc or home equity loan?
Heloc or home equity loan? Pros and cons to both and why choose one over the other.
Eddie Starr
Home Equity Alternative: Sharing home’s value?
I'm researching various company options for HELOCs, and came across https://www.patchhomes.com/faqHere are a few highlights:We offer a debt free alternative to home equity loans and HELOCs. Our financing contracts ar...
Adam Reek
Zero Coupon Bonds - Creative Real Estate Financing
Looking for some of the creative finance wizards out there to chime in on this one!I had an interesting conversation with someone in the private lending world yesterday. As a method of real estate financing and an al...
Jay P.
Best Use of Low Fixed Rate HELOC
Hello Guys, I'm new to BP. I am thinking about taking out HELOC on my primary home to pay off my primary mortgage faster (I will be doing mortgage recast at the same time to lower my monthly payment). Please advise me...
Kyle Ezell
Would a HELOC be the best way to finance my next deal?
Currently, I have a property worth around 180k that was paid for in cash and I have yet to refinance the property. I also have a condo that has a conventional mortgage that is cashflow positive. Since I have all of ...
Freeman Schultz
Questions about how jumbo loans work and how to refinance
I have been researching jumbo loans and I understand how they generally work. But they raise some quesitons.
1. When does the lender contact the mortgagor regarding the principal? A year before the maturity date or...
Olu Efunwoye
HELOC or Refinance on investment property
Trying to decide best strategy here: have a single family investment property currently valued at 110k with a loan bal 54k.
I understand the cost associated with refi (appraisal, closing cost, points etc) vs heloc (...
Diane G.
Can lender force me into foreclosure if I can't repay at maturity
I have a rental property that has a market value of $1.5M and $300K mortgage on it... The 10 year ARM is coming to maturity around 7/17, but I can't find a lender that still does that type of loan anymore (TIC for ren...
Ben Bakhshi
Buying a note that is late in it's straight line amortization schedule
With straight line amortization schedules, interest payments decline over the life of the loan.Does anyone have some tips (or formulas, or excel tables) for calculating the actual interest collected if you buy a note ...