Heather Hudson
HELOC in Michigan on a STR
I want to do a HELOC on my second home (STR) and my credit union says it can't be a rental. Do you have suggestions for a company that does HELOC on rentals?
Fernanda Duran
HELOCs for non-primary residence MFH?
As title says. I found an old list laying around in the forums here but when I started calling a lot of those lenders weren't doing HELOCs for non-owner-occupied MFHs anymore. Any lender who would do that for a MFH in...
Taelonn Harper
Where Are You Getting Your HELOC?
I have been getting told no, by all banks, even the ones that use to offer HELOC's Who are you guys currently using to get a HELOC loan on an investment property?
John McKee
NN Retail Just closed for $580,000
Here is a deal deep dive that I wanted to share:The property is a a former bank building that is now a Vet office. Cap rate is about a 7%. The deal was financed with $280K in cash and the rest using a home equity li...
Taye N.
Help starting out
Hello
Im new if you can help and give me some options or pointers on what you will do.
I live in hayward california bay area.
My goal is to own cashflow rental income property. cashflow enough so i can quit my curre...
Ron Le
Need an opinion from brokers on this refinance loan
Hello everyone,I really appreciate the existence of BP platform, I've been learning quite a lot the last 3 months and just decide to invest in Columbus, OH and just closed on a double units rental property. I bought i...
Greg DeFeyter
AZ Networking: CPA & Lenders
Good Afternoon!I am looking to throw my REI business into the next level. Currently I have one cash flowing property that was my primary residence until last April 2021 when i began renting it out. I am looking to pur...
Amanda Scheller
Should I sell?
Hello everyone,I bought my 4 unit building for $175,000, Saint John NB, in 2019 I could sell it now for $450,000. Rents together are $3400 each month. A home run i would say. Im moving to San Diego next year and want ...
Chris Seveney
States are starting to crack down on seller financing
Sharing some info from two sources this weekRegarding states looking to strengthen seller financing licensing requirements and court decisions for those not licensed:First from Facebook group school of sharks:Hey guys...
Candido Trinidad
Wondering about best option to reinvest. HELOC seems the best
I have a 3 unit, I’m looking to get a HELOC. Initially the bank used Zillow and wouldn’t listen to me about the houses value. Now Zillow has caught up and I think I can pull out up to 100k. What is the best place to g...