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Formula for BUYING OUT A SIBLING on a mixed use building.
Hello,
I was quick deeded a building upon my mothers passing. Unfortunetly, its a mess because the building was in a relatives name and when my mother passed the relative quick deeded the building to me for a dollar....
Cody Porter
Access Equity to Purchase New Home, Start Renting Current Home
Own one home currently 1,770sqft 3bed2bath. 15yr fixed 2.625% -- Mortgage + Escrow $1650/mo, worth $365k, owe $135kTrying to buy a $400k home to move the family into, but keep our current home as a rental property.Co...
Carnell Mitchell
Trying to find a way to finance a duplex without 25% down
My name is Carnell from Cleveland Ohio and I am new to BP. Im looking for some advice on how to finance an investment duplex without putting 20%-25% down. Unfortunately I bought my SFH before I knew about house hackin...
John Wallace
HELOC Interest No longer deductible ? What effect on Investors?
I Found this on a mortgage Calculator website, if this is true...What would be our new strategy to counter the Thousands of Dollars in Interest payments we can no longer deduct ?Understanding The Income Tax Implicatio...
Malcolm Ovenden
Wait 6 months after refi before qualifying for HELOC?
I've been trying to get a home equity loan or line of credit and have just been told by one lender that I must have made 6 payment on my first mortgage since I refinanced. I refinanced my FHA first mortgage in Februa...
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Suggestions for bank on Primary 30 year HEL at 100% LTV
I'm looking for someone that can do a 30 year Home Equity loan on a purchase that I just made 1 month ago. It is my primary residence, and i'm looking for debt consolidation as well as cash for future projects.
I pr...
Richie Cunningham
Financing strategy using equity?
I've put an offer on a home which is a foreclosure. No bank financing allowed on this deal so I will be paying cash. I will have some repairs and once complete I should have at least $150,000 equity. I plan on rent...
B K
Private Lenders - Foreclosure Issue
Is there a difference between foreclosing procedures when the lender is instititional or private?
If it's a private lender, for example investor that carries a mortgage for a buyer: can a contract between the invest...
Brandon Neiss
Cross-collaterlization to secure a larger HELOC
Good Evening - I'll cut right to the chase. I am looking at an REO property where the bank will only accept a cash deal. Have any of you had success in cross-collateralizing your properties to secure a higher HELOC or...
Andrew Briones
How to go about our first sale.
Hello form Utah,
Currently we rent my fiances house out to my renters that I had previously rented my basement out to (family of 5). Going on 3 years and have had 2 calls. Great tenants. But we very much a...