Hai G.
HELOC for Rental Properties in the Bay Area
Hi BP,
I have some equity in a rental property in the Bay Area that I'm looking to make use of. All the lenders (mostly banks) I've contacted do not offer HELOC for rental properties. Has anyone found success with cr...
Kyle Smith
Rehab Loan Financing Options
Hello Bigger Pockets,
I am looking to rehab a duplex in Canton, OH. Currently, the duplex is under owner-financing with the previous owner. I do not want to refinance the property because of the current interest ra...
Nate Barbee
What would you do?
"We're not broke, we just don't have any money." -Phil Knight: Shoe DogWhat would you do? I'm going over options on a cash-out refinance. I've been expanding in secondary markets the last 24 months and putting every b...
Lacey Mitchell
refinance cash out and rate term
My husband has a duplex that he bought years before we were married and I am trying to figure out our best options for this rental. He bought it in 2007 for 220,000 and his mortgage is 1,600 a month. He rents one side...
Alex Sinunu
DSCR Loans on purchase of dispensary
Hi, I'm exploring the purchase (less than $1million) of a cannabis dispensary in Southern California. The building is currently owned by a reputable cannabis retailer, so the sale would be a sale/lease back. They are ...
Nicole Oppermann
Property Services of Atlanta
Does anyone have experience with Property Services of Atlanta or Renters Warehouse in Atl? I am looking to hire a management company for my condo as I have 90 days to fill it or my leasing permit expires (which is an...
Kevin Orellana
Is it worth making this property a rental or to just sell?
In 2020 I bought my first house 3 bedroom 1 bathroom and a 2 car detached garage for $175,000 and put a 10k downpayment on it and interest rate was 3.5%, in 2023 I decided to rent it out for $1350 mortage was $1106.62...
Jenny Bayless
Rate Term Refinance after HML
Hi everyone,I have a HML that I work with that will provide a loan for 90% of purchase price. If I find a property that requires no work, would I be able to then do a rate-term refinance of that property at essential...
Toyin Dawodu
SKIN IN THE GAME- WHAT SKIN?
As the number of investors swell, so do the number of "so called hard money lenders" Since the recession, a lot of hard money lenders, or as I will call them, "pretend hard money lenders" ask you this question. How mu...
Jeffrey Hayes
Hard Money Loans Process Overview
Hi, I'm flipping homes now and was just wondering if anyone who has any experience with hard money loans could give me a brief overview of the process as far as whether or not you need to get pre-qualified with a har...