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I paid cash for a duplex in Pittsburgh, then applied for a mortgage under the delayed financing exception that I learned about here on BP. I am trying to figure out if it is even worth it to go through with the mortga...
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Hello, New to the game and was wondering if all commercial loans have balloon payments due? What are these loan called and what are my options if I don't want to pay the balloon payment?
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: I am on an adjustable-rate mortgage. Even though my interest rate is skyrocketing, I am still up-to-date in my payments. But recently, I noticed that my loan balance increased rather than having decreased. How did t...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $430,000
New construction. 5.99% interest with a 5 % down.
What made you interested in investing in this type of deal?
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So I’ve been researching for the past while and finally got the ball rolling. I’m looking at doing brrrr strategy. I’ve spoken to a couple local banks to figure out financing options and I was surprised how investor...
I am a relatively new investor. I have three rental properties we are holding onto long term. What are your suggestions, if any, on leveraging HELOC's to purchase additional properties? Are there strategies out there ...
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I’ve been invested in the Ashcroft syndication fund since 2021. The GPs recently paused the class B distributions on account of high debt service fees and obligation. They had purchased rate caps and that helped pay f...
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Hey all, I'm new here and looking at getting into real estate investing. I'm curious if anyone can tell me the downside of a HELOC. I was able to find a local bank that will give me a HELOC at 85% LTV on my primary ...
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I did a cash-out refi last summer on my primary residence and with values of homes continuing to rise I am curious if I can do a HELCO after a cash-out refi.
I didn't take all the cash-out I could have as I was wanti...
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What are the risks to using HELOC's for down payments on investment properties?