Amir Saeed
Appliances for a New Flip
HelloI have a property in Baltimore that I have been working on for sometime. Its a row house and almost ready to be listed now. All the connections for the appliances are now done and ready. I am confused as whether ...
Austin Carr
Open-Ended HELOC in Denver
I've been reading up and I want to get more information about getting an "Open-ended HELOC" in Denver where i can take my money out at will like a checking account and pay off my mortgage in 10 or less. I will be a f...
Account Closed
Freeing Equity in High Value Residential Property
I am advising a client who is looking to expand his real estate holdings. He currently owns a $4,000,000 primary residence with a $850,000 loan balance. Also owns a $1,800,000 4plex free and clear, $1,400,000 condo fr...
Beau Menegay
pre forclosures
Hello I am trying to get into the real estate investing market and am looking for my first property. I felt that looking for pre forclosures would offer up great opportunities to get properties for much lower than oth...
Mariah Jeffery
Refying for partner?
I met someone at a local real estate group meeting who has two houses that she financed through hard money loans thinking she could refi them immediately, but that was in the days of looser credit. She has more than 4...
Michael Jiang
Would being a KP affect your ability to get conventional loans?
Hi BP, I was wondering if being a KP on a non-recourse Fannie Mae loan affects your ability to get conventional loans for SFH?
Ian Salinas
Payoff line of credit?
I took out a $60k line of credit from my house to fund my first deal but I only used about $30k. With interest rates being so low, I’m looking into refinancing my home and taking cash out to pay off the line of credit...
Sam L.
Net Worth requirement on commercial/multifamily loan
Hi BP, I've got a duplex (and a condo) currently, and am looking to make the jump into 5+ units, but it seems lenders want 100% net worth on these loans. Anyone know of a lender who doesn't have that req? I am looking...
Dylan Kostak
Pre-approval: Seeking advice
To quickly discuss my situation, I am in my final semester of college lacking the proof of income to qualify for a loan. I'm looking to BRRRR and have a private lender lined up ready to fund my first deal. I have not ...
Stephen Briggs
Looking to finance a rental property
It would be my first investment property and I am working with little money. What would be the best way to go about financing my first rental property? What are general qualifications?