Edgar Gonzalez
Second home purchase
Hello BP's community. I recently purchased a SFR in the state of Florida about 1 month ago. I work a W-2 job as an engineer and my drive to work and back home takes about 5 hrs of my day. I would rather put that time ...
Kevin Santos
New investor / student looking for financing options
Hello,I am a new investor that is looking to purchase his first rental property. I am only working part time and taking classes. I have money in my savings and from stock / crypto investing that I plan to use towards ...
Steven Paleocostas
Heloc down payment for investment properties
Hi everyone,I have never made an investment purchase. I do have a primary sfr, which I leveraged for the Heloc. (Heloc / 30 yr fixed)Buy an investment property SFR for ($250,000+$10,000 closing cost (25% down heloc @5...
Dave Fahrenwald
Using a HELOC Promotional Rate
Last year I took out HELOC on my primary residence to fund a land purchase that fell through. It was a promotional rate of .75% with no closing costs so I had to draw the whole thing to get the rate. I parked the mo...
Matt Lazarus
Seller finance question
If I purchase a seller finance multi-unit property, can I leverage the property value for future real estate purchases as if it were a bank loan?Thanks,Matt
Keita Tsutsumi
HELOC in Texas recommendation
Hello does anyone have any recommendations on where to get a HELOC in Texas? A lot of the banks and credit unions around me are not doing them. Bank of America gave me a rather low (computer generated) appraisal. Tha...
Jaime Powell
Commercial Loans - Augusta, GA
I have a client interested in a property with 11 units, and he's looking for a commercial loan. The issue is he needs one with 10% down vs. the 20% that we're finding, if that exists. Any suggestions? The property is ...
Sunny Ho
Heloc loans in California
Hello all!
I am a new investor and also new to Bigger Pockets. Looking to get a Heloc on my primary resident for investment purposes. Looking through other threads but most on Helocs are dated. Here are the details:
...
Mike S.
Flip Partnership Profit Split?
Partner A has the experience and Partner B has the capital for carrying costs and down payment for obtaining the loan. All loan closing costs and carrying costs cut into profit. Partner A puts unlimited hours into o...
Sam LLoyd
Should I invest in this unique multiplex project
Here's a project I'm working on. I'm finishing up my due diligence and getting to the point where I need to make a go/no go decision.Project: Detached 7-plex on two lots... I'm financing them as a triplex and fourp...