Josh Taylor
Looking for a lender, we have some unique circumstances. Help!
Hey guys,So my wife and I are looking to get a loan to buy our first house together. However I'm in the process of immigrating. I'm in the country for good, just waiting 12-24 months to get my permanent residency, whi...
Niboom T.
HELOC options on a rental property with FHA
Hello all,
I have a 2 unit multi family in Chicago that I purchased around in 2019 with an FHA 3.5% down at $420k as a primary residence during the time I lived in Chicago. I’ve put a bit of money into the building a...
David Ruppert
Should I pay off my commercial property now?
I have commercial property that I currently owe $141,000 through a SBA-HEDCO loan at 4.25%. The tenant of this property is a brick and mortar retail business I own and the current market value of the property is app...
Leroy Williams
Short Sale Option
Situation:
Brother owes $143,000 on mortgage
House Value(according to comps) $121,000
Offer Home to lender as a short sale for $100,000 (sister says lender may take/she is a realtor in Atlanta).
I would purchase.
An...
Kaitlyn Masai
Refinance before or after remodel on inherited house
Hello BP, I have a tricky situation that I could use some guidance on. My family just inherited a house in Marina, California. This house was previously by my uncle and his partner both of whom passed away in the last...
Jennifer Hamon
Do funds in a 401k plan count as cash reserves?
I live in a HCOL area (Boston) and am aiming to get started on a house hack next year. My situation is perhaps a little unusual in that I have a relatively new big tech job where about 50-60% of my compensation is com...
Kevin Hilton
Down Payment on Next Property Advice
I am looking to acquire my 4th rental property, but I would like some advice from all of the seasoned investors in this forum.
Property to purchase would be a STR at $240,000 - so we would need the 20% down payment ...
Mark Forest
Syndication capital calls
Why is my syndication asking for capital calls? Are any of you experiencing this?
Andrew Hejtmanek
LLC Cash Out Refi - Can You Get 30 YR Amorization
Friends, My partner and I are currently rehabbing a property in Tulsa, Oklahoma. We will have pretty good equity in the property when completed. We would prefer to hold the SFR for 2-5 years, but banks I have spoken ...
Dave W.
Predetory Loans
We're in a "pick-a-payment" adjustable loan, & we suspect it may be a predatory loan. We recently saw a gentleman interviewed on the news talking about predatory loans, & said that 100% of the loans they've ev...