William Price
Private Money Deal Structure Question
I have recently put a property under contract and I have a private money lender who is funding the deal. It will be a cash purchase with funds from the private lender. This will be a long-term buy and hold. The priv...
Omar Diaz
Should I use a portfolio lender?
Hello BP community, I discovered portfolio lenders recently and have been reading on what they are and what advantages they offer. My question is, can I/should I go through a portfolio lender for purchasing my first h...
Reece O.
Cash Out Refi vs. HELOC
Hello,
Is a HELOC easier or harder to get than a cash out refi? Are they the same?
My credit is good. I am only worried about denial from my income.
I have over 40% equity in my property. Assuming that I cannot get ...
Clay Rikard
Best way to build credit
What would be the safest and most efficient way to build up credit?
Andrew V.
Know a motivated seller, little equity
A buddy of mine has his house on the market and they've had 0 offers in 4 months. He is asking $147,000, which is probably a little high considering the condition of the home. I think it's more like a $135,000 to $...
Jerry Sanford
First time homeowner considering refi, is it worth it?
In August 2012 I became a first time home buyer in Nevada. My rate is 3.75% on an FHA loan. The house was purchased in concert with a non-profit who provided $15K towards principle. I bought the house for $100K. T...
Falon Sexton
Pulling Equity out on a Construction to Perm
Building a duplex and applying for a construction loan. We own the land free and clear. We will be using the land as collateral for down payment on construction loan. The cost to build is about $180k and the land is v...
Chris Seveney
What Percentage of Buyers will go under who bought with Zero Down?
I continue to see people wanting to get creative today with buying real estate and being creative with no money down because they do not have the $ for a down payment. I was curious to ask what percentage of these buy...
Andres G. Hernandez
How can I jump into my second property?
I want to get into my second property, but having trouble on how to go about this. Im debating on getting a HELOC to put a down payment for the investment home or getting a personal loan. I could also wait and save fo...
Marquise Bailey-Dillard
looking to purchase a single family home
Hello, So back in 2020 my wife and I purchased a 2 family home. We did the BRRR method and house hacked. we lived in one unit and rented out the other. At the time this method was best for us because we both had recen...