Kevin Noell
Duplex Refinance Terms
I am curious what anyone else doing a similar refinance is seeing as far as terms. We are refinancing a duplex in Austin that has both sides rented, totaling $2650/mo. Our credit is slightly above 800. Current mort...
Jaime Arredondo
How to pull Equity from Investment Property
BP folks,I am looking for some guidance on a current issue. I have an investment property that I need to pull equity out of. I asked for some financing to purchase and rehab it and now it is coming due. I wanted to ge...
Lisa Holloway
Hard Money Lending
When looking to acquire funding sources for residential rehabs, would obtaining a commercial hard money loan be suitable for this type of endeavor?
Jay Martin
Need Advice on Securing Rehab Loan for Seller-Financed Flip
Good afternoon and thanks for reading,I have the opportunity to purchase my neighbor’s house (4 bed/4bath/2 kitchens on 3.28 acres of timberland adjacent to prime BLM hunting grounds) in Walton, OR (about 40 miles out...
Steve Foley
Fannie Mae Mortgage Restrictions
How do you get around the Fannie Mae 10 mortgage limit for rental properties? Long story short, I do not want to pay off a mortgage before I buy another. If the only answer is to create a LLC, how do you get the len...
Shaun Skeffington
Question On Using 401K
Hey Everyone.. My wife has a 401K plan she had with her previous employer and does not work anymore. We called the investment company that has it and stated we cannot borrow against it due to her not working anymore. ...
James Patel
General Liability Insurance
I recently bought my first property that I am looking to rent out. I am working with a local property manger who requires me to have a general liability insurance in order to mange the property. I have the option to e...
Orlando Alberto
Seeking for an honest and expert advice
HEY !!!!!!! HELP ME OUT, I WAS APPORACHED BY THE JAKE LEICHT TEAM TO BUY THEIR HOUSE FLIP PROGRAM FOR $ 15K $600 DOWN AND $600 A MONTH AFTER THAT WITH A 60 DAYS GARANTEE IF I DON;T GET A FLIP DEAL IN THAT PERIOD OF ...
Voltaire G.
Need Help Explaining Terms of Seller Financing
Hi all, I need some assistance explaining what these seller financing terms mean and their breakdowns? Thanks in advance.Buyer 1 is offering:$130K Purchase Price10% down payment10 year term, 30 year amortization, and...
Sean Kindelin
Owner finance to Private lender
Hello,
I am looking to refinance a commercial property that is currently owner financed. The owner's payoff is around 180k, and wants to minimize capital gains tax. He is interested in reinvesting the money. My quest...