Hi! My two partners and I are trying to transfer the title of our investment property to an LLC, while maintaining the same loan. For background, only 2 of the 3 partners are on the loan and title. However, all 3 part...
Do you have any recommendations/guidelines around using equity in your personal home for investing? Is it smart to keep refinancing into 30-year mortgages since the interest rate on that money is lower than other loan...
I’m looking to purchase this property to occupy it. I was thinking about approaching them on owner financing because my wife is currently on a furlough so conventional financing isn’t an option. But I didn’t want to h...
Hello BP experts,Simple (I hope) question:How do I obtain a mortgage for the property with low owner occupancy that is paid off?BR,Levi
Hi everyone, I am currently negotiating the purchase a property for around $2 million consisting of multifamily, retail, and office space. The owners are open to seller financing, so I would love some advice on how to...
I'll try to keep this brief and to the point..I have an investment property of which I refinanced for 90k to pay the mortgage and my school loans(settled at 3.62% before closing costs). I set up the tenant with sectio...
Hey Guys, I decided to refinance my rental property since rates are extremely low. I sign a couple of documents ( Appraisal report, Proof of delivery, hazard insurance, loan estimate, Lock agreement) but my current lo...
Hi all,I am wondering if anyone has experienced cosigning with a parent for a home loan and what the best strategy with this approach would be. I have recently started my first job out of school and live in an expensi...
so i now see the rub. have been researching this "smart leverage" method, aka BRRRR. makes all the sense in the world until you find out that my local banks have absolutely no appetite for anything beyond 10 year ca...
I recently purchased a house with cash and it gives me a rental income of about $2500/month. I want to purchase more properties but I’m afraid I won’t be able to get a loan because I’m in school (Phd program). Would m...