I am a commercial loan broker in Charlotte, NC. I had a prospect inquire if he could obtain 70-75% financing for a joint venture that is acquiring Single Family Homes with a purchase prices of $200k - $400k. He perfo...
Hello everybody I own 21 units (fully paid off) and I would like to refinance without a balloon.Is there such a thing? I would prefer to cash out 70% or more and have a mortgage for 30 years fixed but without a balloo...
I am wondering if there is a better approach to my first investment property that will not be a primary residence? My wife and I along with our two children are pretty rooted in our current community and love it ther...
Hello, I am new to real estate investing and I am trying to educate myself as much as I can. I was wondering how you figure out if a property is under or over market value? And how do you figure out if the property wi...
I have an investment property which I'm thinking of selling, its worth approx $900k, I paid $480k, and owe approx $300k. I was thinking of doing a 1031 exchange, but confused whether I need to buy another $900k p...
Hello,I have a client about to enter into the dreaded 45 day 1041 and I need to find a profitable investment, ideally almost turn key and low headache. I’ve mostly checked out Cleveland and Vegas but he may want to st...
We own some rentals in Ohio which cash flow well and we intend to hold them for the foreseeable future, but aren't worth a lot from a retail value perspective. They are worth maybe $140k across four properties, we ow...
Hello BP Forum,My husband and I are new homeowners and new Investors as well. We purchased our first home a year ago but didn't have the 20% down payment because we wanted to pay off my student loan immediately among ...
My husband and I just purchased an owner-occupied duplex, and it’s completely vacant. We purchased in a desirable part of Los Angeles and got it for 200k under asking, so we already have some equity. Both units need a...
I currently own nine rental properties, currently leased (or will be leased in the next month or two). They are held by my LLCs and I'm looking to re-finance them, but I am curious about what options there are. My fi...