David Stone
Average rates for commercial loan for 12 unit complex
I am looking at purchasing a 12 unit apartment complex for about 250k. 10/12 units are occupied and the units rent for like $450/month. Was curious what the average interest rate would be for this sort of deal. And wh...
Joseph Agins
Banks or CUs that will do HELOC on SFH rental property?
I know many banks and CUs will not do HELOCs on investment properties but I have also heard here and elsewhere that many do. However, now that I am actually looking, I am having a hard time finding any and can't locat...
Aubrie Caton
Heloc vs cash out refi on investment property
Hello beginner investor here! We bought a short term rental property in December in Montana the house only had the top floor done so we bought the house and just completed the bottom floor, creating 300k equity. Now t...
Courtney Downtain
Just how far can good credit get you?
Hi Everyone! I am in the market to purchase my first duplex/ multifamily and use it as a buy/hold investment. I plan to rent out all units and not live in myself. I have looked into loans with a local credit union I a...
Ferry Vendy
Buffalo, NY cash out refinance lenders
Hello BP fam,Does anybody in the Buffalo area have anyrecommendations / previous experience with localbanks or credit unions on cash out refinance for investment property ?Looking to take some equity out of my duplex....
Sara Blatz
Can you take out a equity line of credit on land?
I’m looking into buying rental properties but don’t have enough money, I’m 21 I don’t have any credit, but have 10 acre piece of land, can you take out a line of credit on that piece of land?It’s not developed there’s...
Stephen Moore
using a credit union to finance multifamily properties
Im sure its been discussed here before but i havent seen it or maybe have overlooked it,but is their a liimit in deals or how much a credit union will finance you on multifmaily properties or a certain credit score yo...
Cal C.
Portfolio lenders are getting easier to find.
I may have written about this before, but over the past six months I've found it a lot easier to find portfolio lenders than anytime in the past 7 years. I have always had a solid real estate record, solid financials...
Marcus Squires
No Credit
Hello, My name is Marcus I'm 20 years old and have had trouble starting credit. I have applied to a few credit cards in the past; Discover it and Chase Freedom but no success. I have a low paying part time job which m...
Eric O'Hair
Comparison
My wife and I are really wanting to start buying rental properties. We have great credit, and have a little over $700 /mo to invest. I inquired on a loan through Teachers Credit Union since they are our regular bank...