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If you own a house outright is it possible to refinance it if its a rental?What if you owe less than half of what its value is?
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I am wondering if anyone can share insight on what assignment of mortgage means? I've been scoping out a rental property that's been on the market for over a year. When I looked up the PIN # I discovered that it was...
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I like to throw this out to the vast experience of BP member for some advice.I'm talking to a potential seller and I'm looking for different options that I can use to help them out of their problem. Here is what I kno...
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I have a property in Fort Worth, TX without a loan. I tried to take a loan out in the past and because of the delayed financing rule, I was not allowed according to the lender as I have past the first 6 months period ...
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FHA 203K program vs. Home Improvement Loan vs. Other?
$50K-$60K rehab costs for a duplex.
Need lowest cash in, and lowest monthly payments. Shortest timeline to make ready.
Which one do you recommend?
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hi all. I’m from San Jose, CA. Have a question. I have 3 401ks from my previous jobs. I currently have a new employer and I am contributing to the their 401k. I’m planning to buy another real estate investment next y...
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I've purchased and rehabbed a few mobile homes with land in Maine this year and renting with a cap rate at or above 30%! Awesome cash flow, but I need to cash out refinance to keep going. I've talked to at least a doz...
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Has anyone utilized a non-conforming FHA loan? I'm a first time buyer having trouble financing the type of property I'm looking for (two separate dwellings on acreage). I can't/don't want to swing 20-25% down for a no...
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Thinking of doing BRRR for a multi-family as I live in one of the units. I have been cautioned about this idea and wonder what are the possible pitfalls. The idea is as follows:
1. Buy fourplex using hardmoney
2. Re...
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Hi All,
I am planning to close the investment property which is 3 family and planning to transfer the Title to LLC after closing for asset protection and tax advantages. I was just told by lender ( bank) i am not ab...