Michael Ohman
5,000 on a 50k refinance loan?! Is this normal?
Hello BP family!So I decided to get off the bench a couple months back and purchased my first property! Long story short I am in the refinance portion, and of course, this has been the most difficult part of the BRRRR...
Nick Mulligan
Taunton Landlord/Property Manager
Hello all,I would love to reach out to local landlords or property managers in the Taunton area and grab a drink or two and talk about some things. I am trying to make some contacts in this area, and ask some general ...
Steven Mason
Hard Money Lender Advice
Hello everyone,I'm new to real estate investing and I'm planning on purchasing my first investment here in the next couple months. What is the standard percentage down hard money lenders require & are they going t...
Matt Todd
Is putting properties in an entity worth it?
I have two rentals and I'm curious if putting them into a separate entity will lower my personal DTI, or do they still count the properties since I'm technically still the one guaranteeing the loans.
Kevin Aljic
Options for a loan for my case?
Hello, so I’ve found out that you can’t have a heloc on a rental. This my situation I have a primary residence worth about 630k and owe 360k. My investment property is worth 340k and no mortgage, generates $2200 rent....
Anaso Jobodwana
using hard money to buy and hold ? Is that a good idea?
Is it wise to use a hard money lender to fund buy and hold real estate investments ? or would it be better to use them to buy and-fix-sell ? and what is a good time period from buying to putting back on the market To ...
James Lapp
Advice on loaning to house flippers for renovation budget
Hello, I am a potential hard money lender considering loaning to two individuals who are flipping a house. Individual #1: Taking out traditional mortgage with 10% down to purchase propertyIndividual #2: Managing resto...
Matt Carroll
Cash Out Refiance with Higher Rate?
Hey Everyone. I just renovated both side of my first duplex and am in the refinance portion of the Brrrrr. I went to a few lenders in Spokane, WA and they said their interest rates on cash out refinance are between 5-...
Michael Lee
New possibility?
I have a problem that I was hoping I can get your opinion on. So I know of someone that has equity in their home and wants to refinance but cannot due to not having a job currently. I was thinking about maybe doing a ...
Brandon Johnson
FHA 3-4 unit difficulties.
Can anyone name a lender that will allow a 3.5% down FHA on a 3-4 units property?The last two lenders I've sat down with have given the okay for a 2 unit property, but both state that that I cannot do an FHA for a 3-4...