I am currently about $40K in debt right now (school debt & credit cards). I have been told by a financial adviser (fiduciary) that I should at least cut this down to less than $5K before I consider any REI so tha...
So all my equity is tied up in two duplexes and I've been informed that no lender offers a line of credit on multi-fam. Is there anyone out there that does? I hate that my equity is trapped (my interest rate is SO low...
Anyone have experience dealing with the Brownfield Clean up program? The gist is certain properties are deemed contaminated by the EPA (or an environmental report) and the government has programs that will clean them...
Who are the best hard money lenders in regards to low fees, customer satisfaction and efficiency?
Hi All:I have identified a property to purchase that will cash flow nicely. I have enough cash to pay cash and cover the reno. I also will qualify for a mortgage and have good credit. The value of my cash has come ...
New to the game!
I need some help with portfolio lending I currently have somebody who is trying to unload 7 of their properties a mix of duplexes and SFH in NY. (trying to convince him to do seller financing) He is...
My local bank is awesome in providing short term loans(5 year arm) at fairly aggressive rates (last one at 4.5%) amortized over 20 years.While the rates are so low I would love to refinance the entire portfolio into a...
Hello BP, I have a question on house hacking. I have a family member, who's single and looking to buy a multi family property (his credit is 670 but mine is better 790). He has the down payment and closing costs m...
Hello BiggerPockets family!
I am finally buying a house and I want the best rate possible, our lender has been divisive and everything short of a nightmare but through the help of you guys we are looking to close wit...
I’m looking for a little advice on how to help a prospective buyer finance a flooded property I just purchased.I purchased a flooded property that I am planning to rehab. While I was walking through the scope of work ...