Hello Fellow BP Pros:A friend of mine (@Sean Sayler) & I have decided & committed to invest in real estate. We are both fairly young and neither of us have a lot of working capital. We both have full time jobs...
When will a lender accept a short sale if note is NOT in default? Otherwise, the seller can do a personal note on the difference? Appraised value is 283,000. Owed is 219,000. Offer will be around 190,000.
Hi, I'm looking for a lending institution that will do a HELOC or home-equity loan on a rental property (the property is 100% paid off currently). I tried BBVA, PNC, and USBank and they only do equity loans on owner-o...
Hello,I have a business property that is paid off for many years. The business is not real estate investing related. I am curious if I could finance a house flip through the equity in my current business property. Any...
Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...
Hi there! I'm new to REI as of early 2018, turning my previous home into a rental and acquiring a long-distance turn key rental shortly thereafter. I'd really like to keep my momentum moving, and am trying to determin...
I'm just going to come out with it: I see all of these investors talking about how they refinanced a property to essentially cash out and then get their money back to reinvest in another property. Can somebody explain...
Hello,We have a townhouse in San Diego. We refinanced in 2019 and currently owe 428,000 with an interest rate of 2.75.We want to leverage this property for cash so we can get cash for a new deal and would like to know...
Hi AllI am a Realtor as well as investor, and we have a property management company as well. I am looking to invest with partner on some potential deals that will require a PM, and I'm wondering what the pros and con...
Just to preface this question, go easy on me. Its my first post on the forums, but looking to learn more.My wife and I moved into a new house after getting married and kept the house she originally bought to use as a ...