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Hi All, I am one of three individuals hoping to purchase our first rental (single family or duplex) in the coming months. We keep getting different answers on which kind of loan we need and how to apply for it. We are...
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I’ve been hearing a lot about whole life insurance and how you can use it as your own personal bank to finance real estate deals. Can anyone expand on this and does anyone recommend a good whole life agent to work wit...
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Hi BP community I would like to know if anyone has bought properties under individual names and then adding LLC or entity name afterwards and sell it under LLC. I have been buying homes under individual names solely ...
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I was browsing some notes.
Came across this one.
LTV Ratio:
51.990%
Original Loan Amount:
$33,000.00
Principa...
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I have done some cash purchases and purchased with financing also. I dont really have any refinance experience. I am looking at purchasing a home that we would like to get closed on fast due to the rental season where...
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Based on the podcasts, I understand that it's advisable from a Liability point of view to have a LLC for each of the investment properties. But, as a beginning investor, I was told that a new LLC will not qualify for ...
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I am looking to do a cash-out refinance for a rental property which is located in the Cincinnati area. The quote I'm getting from a local mortgage broker is as follows: 30 year fixed conventional financing, 75% LTV, 7...
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I have been re-listening to David Greene's BRRRR book for the umpteenth time. I am currently doing 2-3 BRRRR deals per year with the same money. We held some and sold some after a couple of years of BRRRR. I noticed h...
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Are there any reliable mortgage companies out there that lend 90% LTV on multifamily homes? Just seeing if my options are limited to 80% LTV, which is what I am finding in my local area.Thanks!
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hi fellow investors, once i find a potential buyer for rent to own and they sign the contracts with me. Do i have to go to an attorney or title company to finalize the deal right away or is that after the term is over...