Linda L.
What you should be concerned as 1st lien holder if there's 2nd loan?
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
Tim Hoskins
Questions about renting out my current home, and getting another mortgage on a second home.
I have done a lot of research about this, and what I know isn't a lot.
I know I can't have more than one FHA loan at a time and I have to live in the FHA loaned home. I currently have an FHA loan on my home. My inter...
Marcus B Hsu
Cashout refi or HELOC?
I have an investment property in Chandler AZ
Appraised value $300k
Loan current balance is $130k, at 4.25% 30 yr fixed.
I put 25% down back in 2015 for it, and has just been going up since then.
To invest in more ...
Scott Nguyen
Pros and cons of syndication investing
Investing in a syndication sounds like a good idea, put in some money with to own a much more expensive property, and then get returns on it. What are some pros and cons of investing in a syndication?Do any investors ...
Sarah Jones
2 names on deed , 1 on mortgage possible?
Im trying to buy a house with my boyfriend, I have a job and will qualify for the loan but i do not have enough downpayment. He will provide the rest of the down payment. We are doing it as a 50/50 deal.
1. I am get...
Nathan Arceneaux
How to build a RE portfolio while managing a full time job
Hi Guys,I work in Corporate America, typically about 40-50 hours per week plus travel at times. At home we have two small kids. We have little time to invest in real estate, but have managed to build a decent portf...
Ryan Dossey
Does your Boss know that you are an investor?
For those of you guys that still have day jobs... Does your employer know about your REI. I would like to hear the pros and cons of both sides. I will go first. My employer is fully aware that I am investor and close ...
Edward Stephens
Transferring Real Estate into an Entity - Due on Sale?
Dear BP Family, I'll soon be the owner of a piece of real estate, and want to enjoy the asset protection afforded by an LLC. Has anyone on BP been successful in transferring ownership of mortgaged real estate from t...
Andrew Croley
Negotiating Rent Increases & is +$100 on $900-$1K units too much?
This was the general question someone else posted (@Connie Tang), but since I ended up writing a novel with some Negotiation Points, I wanted to start a new thread.
Here it is:
Don't be afraid to approach the subje...
Riley F.
Best Class for Rentals - A, B, C, or D
I was listening to Brie's podcast this morning and I started thinking about which class, over the long run, is the best for rental income (and headaches) : A, B, C, or D. I don't want to quibble about definitions, so ...