Jacob Sawyer
Trouble finding a fixed rate cash out refinance
I’m having trouble finding a lender to do a 30 year fixed rate cash out refinance. The lenders I have talked to are only offering 15 year ARM loans right now they said due to Covid. What does that have to do with anyt...
Joe Koppel
Is there such a thing as Blanket Insurance?
I don't know much about insurance so I need to ask...I have aquired 4 SFR rental properties and am shooting for 6-7 I have a separate insurance policy on each one. Is there such a thing as blanket insurance to have on...
Carlos Solares
Profit Percentage in Partnership
Hello BP family, I have a remodeling company. In 2010 I created a partnership with an investor. The investor has 95% of the business because he provided the majority of cash. I invested a smaller amount, manage the co...
Aaron Phillips
Using my Cleaning Service for Real Estate
Hey how's it going BP community. I've been on here and talked about this a little bit, but I am the owner of a Cleaning Service located in the Mid-Ohio Valley. We are are Licensed company who focuses on Residential &a...
Michael Herr
Fannie Mae 10 Property Limit: Spouse gets another 10?
I've hit my 10 property limit with Fannie Mae: I invest all single family buy and hold homes. I've had several bankers say they'd loan more to me (on thier commercial side) I'm curious if anyone has successfully used ...
Jonathan Gardner
Taking on debt for a refi in 12 months
Hello everyone I am looking to partner with someone that is willing to take on debt with no money out of pocket. It is a duplex that is currently fully occupied bringing in $1,400 a month all utilities are separate be...
Armando Payano
Buying a property (title) with 3 bank liens.
Hello BP,I am being offered a property for pennies on the dollar. I would be buying the LLC which owns the property. It’s a good enough deal that I am willing to put in the work to try to get a settlement. The liens a...
Min Hong
Spousal credit score
Hey guys I am planning on moving to Colorado or Arizona in July and I plan on buying a home as a first time buyer. My credit is going up however my wife's score is very low with bad income debt ratio. She had to shor...
Tal P.
When it make sense to get exchange 1031?
Hi,I am trying to figure out if it make sense for me to do exchange 1031. I bought unit in $465k cash and sold it in $555k this week. I am trying to figure out if it make sense to use exchange 1039 because of the "low...
Graham Nash
What is best approach to obtain equity?
We just purchased and updated our 3rd single family investment property. We combined a HELOC and cash to purchase the property, around $36K invested. Now that the property is up and running, I would like to recoup my ...