Julie Jenkins
ARM vs fixed rate mortgages
In my search for lenders here in Nashville, it seems as though there are two options each with varying terms from lender to lender. There is usually some kind of fixed rate mortgage I can obtain (80% of purchase pric...
Jessica G.
Advice: Cash out refi
Hi everyone. So my husband and I had been aggressively paying off our mortgage with the goal of saving up for a rental property after that, but with all of the information here and after talking with some investors at...
Matt Rothwell
Owner Occupied Multifamily Financing with <5% down?
I'm looking to buy a duplex to live in. I've been pursuing FHA loans because I'd like to put as little cash down as possible to have money for renovations, maintenance and improvements. However, the fees associated ...
Account Closed
Pulling money from paid off prop, but bad credit/self-employed
I found a foreclosure to fix and flip. I own 3 properties free and clear, approximately 3x the value of this fixer. I'm in the process of repairing my credit after a bout of identity theft. I am self-employed and take...
Phillip Davis
creative property financing
Hi all, I was reading different ways of financing, I heard the podcast with david horn I believe and was wondering if people still bought properties with credit cards. I came across a couple articles where people woul...
Jill Haselman
Cash Out Refi post Rehab?
Perspective? Purchased a 4-Unit in Delray Beach, FL last July with HM (Lending On- they have been excellent) $520K pp w/25% down- gut rehab with my own cash- now a weekly vaca rental/short term stay lux compound (ww...
Ian McKay
First cash out refi - How long should this take?
Doing my first cash out refi. 3.875% 30yr lower fees.Question how long should underwriting take? Good+ credit, with lots of equity, w2 income for 2 years. The entire process is about 17 days in from loan application. ...
Nick Rutkowski
Funding investors for flip projects
The past few weeks I’ve been getting asked to fund certain projects for people looking to flip houses. I don’t have the money but I know people who do. So my question is would it be better to connect the two people an...
Will Dixon
Cash Out Refinance on Owner Occupied 3 Unit MF
Hello BP,I am looking for some strategies on how to approach my refinance...I purchased this property last year with a loan from a relative. It is a 3 unit property with a main home and two smaller "cottages". My plan...
Dawn Vu
Is this a good deal?
I’m a newbie to investing and would like your expertise on this deal:4 Plex - brand new construction. Growing area. Near a university. Each unit is 3 bedrooms/2 baths and going rate for rent is about $1250 each unitAs...