Brooks Boyle
Financing for rental property
Hello guys. I’m a newer real estate investor located outside of Buffalo, NY. I own a 3-unit rental and a single family home. My mortgage broker who has given me both of my loans is also a rental property invested hims...
Christian Nachtrieb
Income Requirements Securing Loans w/ my Own LLC
Hi all,I'm in a situation where every property of picked up (only 3 at this point) was either with my wife as a co-signer or my mom on one. For the last 8 years I've been self-employed and my primary business, which i...
Jonathan Onny
Commercial loan approval
How easy is it to get one ? Also can I get the bank to fund the rehabs? Thanks BP
Nanette Miller
Upside investment property that has an HELOC Line of Credit
I have a condo in another state that is upside down by appox. $50,000. I have an interest only loan on it that expires October 2013. I have been renting it out but just want to get rid of it. I don't want to do short...
Mark Perrill
Bankruptcy--Why would a debtor sell me their house?
I have access to a list of debtors who declared BK. The house was protected by the BK initially but the court is going to remove the house from the protection of the BK. Before I spend time and money marketing to th...
Stefani Nachatilo
Our first purchase in 1996
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $40,000
Cash invested: $6,000
Purchased 2 duplexes (4 units total) 6K cash pulled from credit card - 20K fr...
John Hunter
Renting to Tenant with Chapter 7 Two Years Ago
Rookie Landlord Question Here!I have a potential tenant who makes over 4x the monthly rent. Her past landlords have all said she pays on time and has been a great tenant for them. However, she did have a Chapter 7 dis...
Jason Macht
$115,000 to $230,000... Overcoming Obstacles
I wanted to share a story of overcoming obstacles and 3 lessons I learned along the way with executing the refinance step of the BRRRR strategy. I was able to effectively double my money with a little persistence and ...
Brooks Johnson
Best local banks/lenders in Minneapolis St Paul Area
Hi All,
I'm looking for some new financing on my rentals, ideally a local bank/credit union that understands investing. Who would you recommend? If I end up using them I'll send you a caribou card or something to s...
Shawn Rogers
Refinance options for commercial property
Looking to pull some equity out of commercial property. Thinking about a heloc loan just because of options, term and keeping cash option on hand if economy turns next year. What loan options are some of you doing?