It's pretty common practice to use a HELOC drawn from the equity in one's home to serve as the down payment for investment real estate... yet I haven't found any calculators that will allow me to add that into the equ...
Hi All,
Does anyone have a local lender that will lend on appraised value? I'm looking at Chicago south suburb SFHs buy and hold 15-30 year fixed and was curious if any lenders even have that option available.
Tha...
Hello BP Community,
I have a question regarding my triplex in Ocala, FL. The property needs a new roof, a new parking lot, and a few other minor improvements to enhance its performance. While I have sufficient liquid...
Hello all,
We have some equity in our primary residence so thinking about refinancing with cash option and using that money as down for the second house. Currently we are on a 15 year term with 11 some years left and...
Hello BP! Here is my dilemma. I have yet to acquire my first investment property due to the fact that everywhere I look the prices are so high or the area has no potential! Here are my choices, I can invest in a build...
So after speaking to tons of lenders and being shot down with the 30% down deposit and 9% interest on a loan that needs to have a minimum cap of 150k, how do I jump this hurdle and find a deal while all I have to put ...
Hello BP members ,🤗 ( IF THERE IS ANY ENGLISH MISTAKES ,SORRY ) This post it’s a question post , bust hopefully by answering it , it can bring value to the other readers who’s interested in the same topic too .I’m st...
Hello everyoneI have a property that was purchased with cash and I'm looking to pull cash out of the property to keep growing the business. I was looking for some recommendations on who you have used to do this. If an...
Hi, given high interest rate, does anyone know which market still cashflow after maximum cashout refi, which is 75% of ARV?
Hey guys, I'm interested in opinions on this STR deal in downtown Austin. I've already signed the contract (lmk if you think this was hasty on my part -- would love to know why) and paid some earnest money (I'm long-t...