Michael Kim
Getting a mortgage as a student without a cosigner
Hi! I was born in the U.S but moved to Korea in an early age and came back on high school freshman year by myself. I am going into college this year and interested in house hacking, but it seems like even though my pa...
Tim G.
Options in my position
I have been on BP for over a year learning as much as I can and preparing for the road ahead in achieving my goals of early retirement. After researching different strategies, it seems my best option (open for discuss...
Scott Alfano
Borrowing through a new LLC
I am forming an LLC with three other partners in order to protect our individual assets when buying real estate. Unfortunately, the LLC has no credit history (as it is brand new) and has no borrowing power. We are t...
Keith A.
Business Line of Credit involving personal properties
I have properties in both my personal name and business LLC name. Some of the ones in my personal name have conventional financing and others are free and clear. Similar with the ones in the LLC, some with private l...
Charles Ownby
Can't get past basic hurdles to start.
Hello. I was introduced by a coworker to BP who is a long time and highly experienced investor and he has poured a lot of knowledge into me, however, I think we're at a point where he isn't going to go any further wit...
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Sebonic Financial - Seeking Opinions
I see Sebonic Financial listed quite a bit in ad screens for various real estate listing sites (Zillow, Trulia, etc.) Has anyone had any experience with this company?
Tom Arttus
What’s the best way to leverage 401K’s to buy rental properties?
Hi BP group,I, and I’m sure many, have a lump sum of money in a 401K/IRA. I currently have my money is a self directed IRA and use it for hard money loans. I flip the funds and do well with this strategy. However idea...
David Campbell
Lighting Fast Pre-Approval
I was hoping to get some input from anyone who has done financing through Quicken Loans.It's somewhat interesting (I think) the way I got into contact with them. I was reading a blog post written by a BiggerPockets me...
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Should I put down an extra 5% in order to get a lower rate?
My lender provided me a rate of 6.375%. This is for a 20% downpayment. If I put down 25%, I can get the rate lowered to 5.75% (a decrease of 0.625%.This does raise my cash on cash return. Should I do the 20% or 25% do...
Brandon Vukelich
Conventional re-fi available for 3-unit Airbnb/STR prop in WA?
Purchased our first STR property in Feb 2020 using Athas Capital, 6.875% over 30 years. Price (appraised value) was $1.1mil, loan is $815k with a $40k prepayment for 2 years. We selected Athas due to our "traditional"...