Patrick Howell
Cash out refinance on my entire portfolio
Hello,
Wanted to get your everyone's feedback on this scenario. I'm hoping to leverage some existing equity in my REI portfolio to pay off some student loans. I currently own 5 residential rental properties (with 5...
Raffaele Bianchi
Market Value of a 4 units - Thanks!
Hi Guys,I need some suggestion from you if you can! I would need to appraise a Multiunit of 4 units in Oakland, CA 94609 : the sq. ft. is 5231, built it in 1907, and they get a rent of $4200, $3500, $3700 per month be...
Conrad Martin
Would someone mind poking a few holes in my plan?
Hi BP Community,My family has a distressed SFH in rural NC that I’m planning to use as a practice ground for my first full renovation. The goal is to renovate the property, raise the value, borrow against the equity, ...
Marcus Holloway
First BRRRR Commercial loan
I'm completed the rehab on my first planned brrrrr deal. It's a SF I own outright in a 50/50 LLC partnership.
The home was in total disrepair so we had to strip it down to the bones.
In the current climate, we kne...
Bryce Fairburn
Looking for advice on Refinancing plan
Hey, this is my first post, and after many hours of listening to podcasts, and reading these forums i am looking for some feedback on my plan.
The details:
Single Door Property Purchased 2019: 325,000
Property app...
Richard Mann
Convential Loan After Rehab
Scenario: Hard money loan on a buy and hold property. Rehab and then refinance at 70% of the appraised value.
Will the average bank loan 70% of the appraised value without any money down on the refinance?
...
Justin Wilcox
How to get broker price opnion work from banks/lenders?
How does one go about getting assignments as an agent from banks/lenders to do broker price opinions? What do they usually pay to do such a service?
Just looking to help a good friend. I know they are out there bec...
Joshuam R.
NAVY Federal (no more heloc or hel)
Today 2021-02-25 message on Navy Federal website"Due to unprecedented market conditions, we have temporarily suspended accepting new applications for home equity loans and home equity lines of credit. This update does...
Nazia Feroz
Home investment split
Hi. I bought a home with my sister and my dad. We each put down equally for down payment and equally shared the mortgage payments until I moved to another country. I stopped making the monthly payments when I moved. M...
Mark Abbate
Making a Questionable Offer
Hi All,
Myself and a friend of mine are going in on a first house together, that we eventually would like to be a rental. We found a suitable property that we would like to put an offer in on. Our Real Estate agent l...