I have a rental with significant equity. Have idle funds that I am debating using to pay off the mortgage on the rental property. Any thoughts on the pros and cons. Property cash flows as is.
Hello, I'm a new BP member and I've been reading a lot of posts recently. This site is amazing!! My wife and I are interested in getting into real estate. With that being said, I'd like to see if you all can give ...
Wondering which tenant application looks less risky financially? Neither have rental history as both owned...
Applicant A: Retired Couple
Income to rent from social security & workers comp = 3.7x
Income less ...
I have a few interested partners with down payment cash. I would be carrying the mortgages, and we would do a 50/50 ownership deal with traditional 20/80 financing.
I am looking to pickup more than 4 properties this ...
Hey everyone! I hope this is the right category for this post. I currently own and have owned a home in Stockton, California since 2019. I have a 2.625% interest rate and the home is in a desirable, established neig...
Hello everyone! My name is Kerri Junio. I live in Auburn, Wa which is about 30 miles south of Seattle. I have a husband and two young daughters. I currently am a stay at home mom so my husband can focus on establishin...
I'm 31. I have a 401k and pension plan through work but this only started two years ago. I feel so behind. I wish I was taught this at a younger age. What else can I or should I be doing more to save and secure my fin...
Hi Guys,
When seeking financing, whether it be from a bank or private lender, what types of financial statements should be presented to show the lender professionalism and that due-diligence has been thorough...
I am seeking a loan, and I have a few options between a private lender and a regular bank. The terms are similar. What are the pros and cons of each?Will the private loan show up on my credit?And lastly, what are the ...
Arguably, one of the 1st steps in commercial is to have a seasoned LLC to be able to get financing. I've been researching the main differences between traditional mortgages for residential and commercial lending and j...