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Hey all. I'm a new member to BP and excited to be here in this community.I'm looking to get a HELOC on my primary residence to help finance a future 1st investment property. Here's the numbers: Current mortgage $528K....
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Hello everyone, I'm considering using a heloc for a downpayment on my first property, however every time I run the numbers through the rental property calculator, the monthly cash flow in usually under $100. I unders...
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The market has had a nice little run since my last re-fi, and I want to investigate moving my new equity to more higher ROI. Of course I really don’t want to touch the low rates I already have. Are second mortgages wo...
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I have 120 unit apartment complex under contract for 3.7 million and working on obtaining financing. The owners agreed to owner finance me back 22%. I may be able to get more.I have two options now. I am trying to...
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Good morning BP Family,I posted this question on twitter, but by request I'll repost here with details for better results. I'm looking for input on financial strategy...I have a rental property currently cash flowing ...
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My wife and I house hacked a duplex for our very first home. We renovated the unit we lived in and have had tenants in the other side the entire time. Now we had a job change and have moved out of state so both sides ...
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This question may have been answered elsewhere but I’m not seeing it. What would be the issue with getting a conventional loan, rehabbing, renting, and refinancing? Is it simply that most off market deals require cash...
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Do any of you have a good credit union (easy to join) in regard to home equity loan or line of credit? I've read that credit unions can offer lower mortgage rates than banks so I'm curious if you have suggestions on ...
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Is a tool on BP or online that can help me quickly calculate what to offer on a house if I pay all cash now vs. owner finance at various rates and terms?
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Hello,I had a discussion a few weeks back with some friends about finances and such. They are both married and are home owners. I on the other hand am single and still renting. We are all physicians in our mid 30s ...