Hello BP nation! I am entering a new stage in my investing strategy and need loans on 30-40k properties. Where to I go? Anyone know any banks locally that do 5, 10, 15 year loans for this small amount with 25% down?th...
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Has anyone done a HELOC on and investment property or know lenders who will take a second position on a Equity line? I have a primary with too good a rate to refi, but have significant equity I want to tap without s...
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I found a seller that owns a 20,000 sq ft. office building with no mortgage that is interested in carrying the note for me. The building has a gross cash flow of $68,000 as it sits now, with a gross potential of $160,...
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I bought a MF unit in Atlanta 2 years ago and now I have found the value has gone up by about 30 percent. The property is paid for by cash (clear title under LLC name) and has been generating healthy cash flows. I nee...
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How are you guys managing your properties from a banking perspective. Do you have an LLC for each property with each having its own bank account? What has been the easiest.
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Hi all - 3 years ago we 1031'd an investment property into 3 DST properties. At the time we had a $0 balance HELOC on the property we sold. I just realized the bank still has the $0 balance HELOC open and available ...
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I am a buyer in a short sale transaction, in escrow going on 4 months waiting for the bank to accept the purchase offer. The listing agent is representing both seller and me, the buyer. Seller has long moved out an...
Hi All, I have found multiple threads on here regarding wholesaling a short sale property but a lot of them seem to have mixed reviews whether this is legal or not and most are those who are doing it are outside the s...
HAFA was most likely heavily lobbied by the banks to have the politicians sign off on this. As stated earlier it's another excuse for the banks to harm the homeowners and make more money be getting the home back quic...
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What method do you use to receive rent payments? Is there cost associated with these payment methods? I am looking for the easiest, cheapest way to receive payment for rental property out of state.