Todd Smith
HELOC risk and downside
All I here about is how great HELOC is- How about the downsides: 1) variable rate 2) risk your home if used 3) tax deductible only if used on the same dwelling
Allan Wu
Under contract - is it too late to cancel?
I've been under contract for 3 months. After months of waiting, the seller finally was able to finish taking out an oil tank and get state regulatory approval. Since then my rates have gone up and the deal isn't as at...
Christina P.
How to finance first STR deal?
Hi, we are newbies and hope to get pre-approved soon for our first STR deal. Trying to wrap our heads around the best way to approach financing. Should we pull cash from our current stock/mutual funds (based on cur...
Sean Anggani
Interest-only loan fixed rate for 10 years vs fixed 30 year
Hi everyone! I'm a newbie here buying my first condo property here in West Town Chicago, and am wondering if anyone has bought property with or has thoughts on an interest-only loan that is fixed rate for x amount of...
Gustavo Delgado
DSCR loan experience
Hello all
Does anyone have any experience with DSCR loans? What is an interest rate I can expect? I am in Houston, any lenders that do this I would like to chat and learn more.
Wojciech Grajewski
How do I take Equity out?
Hello,
I own a home on Long Island that is currently worth about $500,000. The house is fully paid for. I have about $48,000 in cash and would like to purchase my first investment property. Should I do a HELOC? Can I...
Seth Lacey
Buying investment property with little to no money?
So I recently started selling commercial real estate and I want to buy my first investment/rental property (residential). Starting out in the business as you know can be tough with making money. I have money in saving...
Brandon Zeng
Lender option in Denver, Colorado
Hi BPers,
I am a foreigner and have followed BP for a long while. I’m really interested in investing the rental properties in the State.
I happened to visit my friend in Denver this Mar and talked to a realtor and ...
Andy Bol
heloc or cash out refi
Hi, so I am new to bigger pockets and this is my first post. I have 1 rental property that I purchased about 18 months ago with help from family. I used their helco to purchase the property but now the time has come f...
Montgomery Ngan
Mortgage with F1/H1B Visa
Hi everyone,Thank you so much in advance for helping answer my question. I’m a first-time homebuyer student on an F1 visa thinking of purchasing a multifamily property in South Boston with the help of my family. I’ve ...