Lauren Philipp
Just starting out. Should we take a home equity loan out ?
Hello everyone!! This is my first post, my husband and I have just started to set up our business plan for investing in multi-family homes (duplexes) in our area. My question is should we take a home equity loan out o...
Kristal Matthews
I want to buy the Triplex that I currently live in for rent.
I can only be pre-approved for about 160k, the triplex is probably worth more like 800k, the current landlord bought the property in 2006 for 545k. I could afford a downpayment for an FHA at 3.5% but I don't think I c...
Alexander Gutierrez
Bought a home before deciding to invest!
So, to keep this as short as possible I’ll start with -I am 23 years old and just bought my first townhome in September of this year with an fha loan that requires $9,000 at the closing table. I am renting rooms to fr...
Peter Padalino
In a bit of a bind...
Hi BP community...I'm looking for a bit of advice. I own a duplex in the mid-west valued at about $100K (more on that in a minute) and have paid off the property in full (didn't originally intend to, but have - its a ...
Skher Brown
1st project, insight on right loan product
Hey guys. I've been on BP for a while and am loving it. You guys are an amazing resource!
Scenario. I live in a duplex in Baltimore, Reservoir Hill neighborhood and need $30K to fix up the property right and rent t...
Cheri Lange
Policy to Monitor and Eradicate Money Laundering in US?
Can anyone tell me if this is accurate and or common?"When your loan has been approved and your information is taken to the bank for the transfer, you will be responsible for paying the Attorney Bank Documentation ...
Jake Hart
Debt-to-Income Issue holding me back
Hi BPI'm hoping someone might have some good advise they could offer if in my position. I'm very new to the investment world and acquired my first rental property the beginning of this year. It was an outstanding deal...
Caitlynd Fawn Born-Dohm
What are the untold requirements of private money?
Hi guys! My name is Caitlynd and I live in Crystal River, FL. I’m 19, and just left a career in car sales. Right now, I am trying to purchase a short-term rental. I want to jump on this Airbnb/VRBO train, and while I ...
Will Pickering
Will JV Wholesale contract affect ability to purchase primary residence?
Hello,I am new to real estate and wholesaling. I’ve been fortunate enough to find a mentor who is showing me the ropes and is basically giving me cuts of his deals that I am working for him but we’re going about it as...
Bryan Rodas
Help me with a Refinance
Hello, I am currently helping my brother trying to refinance his house. We want to find a way to do a cash out refinance or a home equity loan. I'd truly appreciate if someone helps me with this situation? I am locate...