Maureen Rhodin
Qualified for large commercial loan--HELP!
I own two properties free and clear valued at $1.2M. Do I take the commercial loan before I have a new property to invest in? Or do I pay a higher interest for a "heloc" type loan? Hoping to learn about some things I ...
Dan Gustavson
HELOC or second on rental in SLC
Hello all - Anyone in Salt Lake have success finding a lender that will do a HELOC, or second mortgage, on a rental property (NOO)? At the moment I am unable to do one on my primary residence. Looking to tap into my e...
Marissa Perez
must knows for starting investors?
I am 18 and interested in the rei career. I’d like to know more from experienced investors what are important things to know or learn about, ive watched seminars about starting but I am still confused on how to begin,...
NIcholas Hamel
Are HELOCs only for primary residences???
Hey everyone I was looking to get a HELOC on an investment property i have. My lender said HELOCs are strictly for primary residences and not for investment properties. Is this standard for all lenders or have any o...
Matt Ferch
HELOC - where to get? Terms?
Hello, I own two rental properties outright, bought with cash. I’d like to get a HELOC? Who should I approach? What are the terms & parameters likely to look like?Thanks!
Gabe Sirkin
Loan for 15% cap 4-unit. No W2 or tax return (student in 16')
How could I get a loan in this situation? I'm a first year commercial real estate agent so I'm 100% commission. I found a perfect first deal for my self that I put under contract. It's a cash-flowing, 15% cap, 4-unit ...
Eric Schroeder
Hard Money Loans and Liquid Assets
Do most hard money lenders require the borrower to have liquid assets available? I am trying to get into real estate flipping and have learned a lot. I am ready to execute but because I don't have a lot of personal ...
Sparkle Carlock
Am I on the right track?
Hi BP Family.!I am fairly new to REI still (6 months in) and have not found my first fix/flip deal just yet. I'd like to hear from some investors that are thriving and willing to tell me if I am taking the right steps...
Forrest Hollingsworth
Potential first house hack and its a probate sale
Hey BPI wasn't prepared for my ideal single family to pop up yesterday, but it did. The house is a probate sale and I intend to go view it tomorrow. It's a 3 bed, so I plan to occupy 1 room and lease the others out fo...
Germán Rimoldi
Down Payment Requirements for Investment Properties
I'm planning to purchase an investment property and would like to understand the typical down payment requirements. I've heard that the down payment percentages for investment properties can be higher compared to pr...