Jonathan Chan
Best way to tap into equity?
I have several rentals in AL, MD and TN that have a decent amount of equity. Looking to tap into it without doing a cash out refi to replace the existing rates with current rates. I want a HELOC, but have never heard ...
Tony Maldonado
Seller finance with heloc on home
Good afternoon I’m looking to see some possibilities on how to structure a deal. The house is valued at 200k asking price of 150K. He is open to seller finance with 0% interest. The 1st position loan is paid off but h...
Michael Strobel
How to grow my real estate investing business
Hey BP!So Im a fairly new investor. I do buy and hold. Own 2 properties (a duplex and a 4 plex). Owned the duplex for nearly 2 years. Am about to move out of one of the duplex units and once it rents Ill clear about $...
Marvin Perez
Sell our home or invest in it?
Hello, I'm new in the forum, want to start investing in Real Estate. I have a question on what would be the best approach to invest. We have a big house in a growing area in Orlando, FL. Paying out mortgage is not th...
Lawrence Sarpong
Buying via Subject to
Hi all,
I have a motivated seller that is open to having me assume the mortgage on a 3bd/2bth home for the difference owed. The current mortgage is $168k and the amount owed is $164k, so basically I would as...
Jim D.
Does it make sense to pay off LID early? (Vegas area)
Has anyone ever done an analysis to determine if it is financially beneficial to pay off an LID (Local Improvement District) assessment early? Or does anyone know how to find out the interest rate I'm paying on the L...
Andrey Gorokhovskiy
Should I cash refi my 3.5% interest property for 4.65%?
Ok here is our situation we are still new to real estate and investing and just purchased our 3rd rental and want to keep moving forward.Our first property we bought in WA state in 2012 for 130k and now is valued at 4...
Matt Crawford
What is my best financing option on this 5 unit property?
Hey BP, I need your help. I just secured a contract on a 5 unit residential building in the NW corner of Missouri in a state college town. I Have clearance from a local lender that will provide 80% if I come up with t...
Richard Brightwell
When is investment loan interest not tax deductible?
I'm not sure what my options are... I just bought a $171K SFH, rental-A, using 75% mortgage and 25% cash down. I spent $18k fixing up rental-A, rented it, and am getting good cash flow. I'd like to pay myself back th...
Gage Green
Looking for local bank recommendations in Wilmington DE
Is there any bank suggestions/recommendations in the Wilmington area that are happy to do a HELOC. My main bank didn’t use good comps in my area or any on my street including the one a few houses down that sold in mar...