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We are looking to refinance a 12 unit appraised at 870K with maximum cash out. We only owe $175 so there is plenty of equity. The bank we have a relationship with would only give us $250K (which would leave us with $7...
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hello all, This may be the wrong forum but I thought i'd take a chance and ask for your insight. Apologizing in advance for long-winded post.A couple years ago I started a home renovation/flip company. In the last ...
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Here is my scenario, Sacramento California. Rental property that I owe $145K (appraised at $430K) at 3.6% 30 year, 7 years into the loan, total PITI payment $1080, currently rented to great tenants at $2200 per month....
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Remember to ask your lenders for help
I've been developing a working relationship with several Banks over my investing career and it’s important to develop multiple relationships.
When you owe a ...
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After several months of non-payment, and over $4,000 of lost rent payment, she's finally gone! The unit is a mess and will need at least $1500 in repairs and clean up. We still have $750 of her deposit that will be ...
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Hello fellow BPeers!
I own a single family rental in Aurora, CO that cash flows $300/month. I bought the house in Sept 2016 for 225K with an fha loan @ 3.375% and lived there for 2 years before moving to my curren...
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Hi!! I am currently selling 2 duplexes in NE Ohio. (BOTH POSTED IN MARKETPLACE) Both are money makers (Net around $500/mo cash flow after PITI and expenses). The only reason I am selling is to pay off student loans. ...
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Hi guys - Relatively new to BP. I was hoping to get a post started on most affordable and scalable ways to source financing. Not particularly focused on MF/SFR but rather wanted to collect an idea of easy and cheap wa...
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Hello all,I've put solar panels with a backup battery on my primary home within the last year. To finance the system I went through a 3rd party which provided a 25 year loan with a 2.99% interest rate (not bad). Payme...
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Alright trying to make a decision on if I should sell my stocks now to pay off my home. I owe 460k at 5% interest rate. I have exactly $1M in stocks after crash today and around 350k in cash. I would have to sell arou...