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Hi BP folks,Lets say I like to make a deal on MF unit that have cap rate of 8% and If qualified for Freddie Mac loan that will let me have 75% LTV but then can I have the remaining 25% from hard money lender (but non-...
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Hello BP!I recently heard in a seminar and podcast that you can use credit card debt for a down payment on investment properties. Has anyone heard of this strategy or any other strategy where you can use your credit c...
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I will potentially be purchasing a property sub2 the existing mortgage of $92,000.00, property worth $125K as is, seller says depreciated to $0, I will give a $10K note balloon due 10 years @ 0% interest and $100 ...
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Hi!
Well, I closed on my first rental, and rented it a week later. Tenants are thrilled with the house, and I'm thrilled to have a full deposit and 1st months rent! It will cash flow $550 a month.
In the search for ...
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Lot's of interesting info here, I wish I could use some of it now but in a deep well so asking if anyone might be able to offer some thought.
Situation: We bought a property 18 months ago thinking we would be stayin...
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So, here's a question that may seem REALLY dumb.. but, here goes! If the properties I am researching are listed in the MLS and other listing sites, WHAT makes the one I find, and am after, MY deal?? and if they are ...
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I'm in the process of getting a HELOC to use towards purchasing a rental. I plan on buying the rental with the money from the HELOC, then probably doing a BRRRR on it. Should I be concerned about doing the refinance...
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Hello BP forum, I've been doing a bit of research and keep running into obstacles. Here's my scenario:My retired parents (who live in another state) would like me to take over their mortgage. Ideally the want to give ...
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We need help with the BRRR method. Our portfolio currently consists of 10 properties (5 single family homes, 5 duplexes). We have financed these through various methods including traditional, home equity from our pr...
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I think I've found a home where I could employ an effective subject to deal. It's a 3 bed/1.5 bath home, with an in law suite with it's own 1 bed 1 bath kitchen setup. It sits on 3.5 acres and it has an in ground pool...