Ben W.
Second lien on multifamily
I am looking at purchasing a property and assuming a non-recourse Fannie Mae mortgage in place. Is there any way to get a second mortgage on the property?
James McGovern
Increasing the number of Women Investors?
What is needed to Increase the number of Women Investors? It feels like most flippers are males? What impediments exist that keep women from enjoying real estate and financial freedom?
Bob Ebaugh
Refinance a Private Money Mortgage
We have a $130,000 triplex that I have a $83,000 private 5% interest only balloon mortgage on. The lender, a dear friend has some health issues, and I wish to repay by refinancing. It's not terribly urgent, but nece...
Scott Kelly
Advise whether to rent out or sell my property
Hey everyone, I'm new to BP. I recently bought a new house and have listed new old property for rent but I'm having trouble deciding if its my best option. I bought the house 2.5 years ago for 195k. I put 30k into rem...
Gerardo Villarreal
How would you finance this deal?
Hi everyone,I've got a property that I'm currently fixing up for a flip in Chicago - Avondale area. I bought the property with a conventional mortgage loan and recently began the renovations, financing them with my pe...
Clayton Silva
Local vs National
I see a lot of people say they want to go local, and while I understand the sentiment, one of the biggest myths I see perpetuated in lending, or insurance, or appraisers, etc. is that local is better. There are defin...
Charles Jessup
Potential tenant wants to buy the house. What are my options?
Hi Biggerpockets community,I'm trying to rent out my house (Houston area) for the first time, and I had a potential tenant contact me who's moving in from out of town and wants to rent before buying a house soon, mayb...
Salvador Figueroa
HELOC BANKS RECOMMENDATION
So I have over 200k in equity and I am thinking about taking 120K HELOC to do a BRRRR. I know a lot of banks offer HELOC’s but is there any of them that you recommend? Have you been working with a lender in LA COUNTY ...
Jeff Seiff
Single Family Residential Buy and Hold (Exit?) Strategy
I'm hoping to brainstorm with some experts that might be able to enlighten me on some strategies that I am not familiar with, or maybe help a light bulb go off in my head. I currently own 6 residential single family ...
Nathan McBride
Poll: Do you accept partial payments?
I own a property management company in Baton Rouge, LA. We are in the process of transitioning over to AppFolio, and in the process we have decided to no longer accept partial rent payments and are instead requiring a...