Tyler Sample
Using Home Equity to Pay School Loan
I am about to receive my undergrad here in Texas and will have about 30K in student loan debt. Is there a way I could buy a home, sell it, and use part of the equity to pay off school loans while using the rest of the...
Matthew Wright
Commercial loans and credit report
Does a loan made out to an llc show up as debt on personal credit report?
Gustavo Figueiredo
Buying properties with no verified Income
OK Guys its my first time writing on BP. This matter probably was discussed million of times here but I need advice on my specific case. I just moved to S Florida 10 months ago and I am working as a full time investor...
Chandan Lodha
What are your biggest personal finance pain points?
What are your biggest pain points with personal finance? What problems do you have that you wish someone would solve?Some of mine are:- Splitting recurring expenses with roommates (e.g. rent, utilities, internet, etc....
Tamer Almasri
Bying a Potential investment property
Hi everyone, I'll be moving to Houston Texas next year with the family and I'm looking to buy a SFH, renovate the property to add sweat equity before I rent it and move to the next one. So my questions are: 1_ what ar...
Ethan McRae
Short term or long term loans for just starting out
This is really basic stuff for most of you but I gotta ask...For someone who is just starting out and is looking to buy their first property, should I be looking to essentially get financing with high monthly payments...
Chris Irvin
Multifamily BRRRR loan question
I am currently reading the Multifamily Millionaire series and have a question regarding the BRRRR method. If I plan on using a cash-out refinance commercial loan (5+ units) and am going to use a mortgage broker to fi...
Ruthber P.
is 85% LTV possible for Multifamily purchase?
I am located in the far Chicago west suburbs and short on the 20% down for a 12 family.Norm is to put 20% down but is anyone aware of a lender that will got with 15% or 12% down?The 12 unit building is listed for 925K...
Matt Van Woerkom
Multiple Investment Properties - How to get Loans
I'm new to managing properties and was wondering if anyone could give me advice of getting loans for future rental properties. I currently own 2 rentals and my own house. I'm having issues with getting additional lo...
Ramzi Badawi
General Questiones for Loan Officers. Real estate student.
A hypothetical example is all I need.
These are mostly about how the loan officer does business.
a. What is the turnaround time for a pre-approval?b. What hours is the loan officer available for client pre-approvals...