Andre Simmons
HELOC on 4-unit (DC)
Hi everyone,Does anyone know of any companies that will provide a HELOC on a quadplex. It is a owner occupied property but I want to tap into the equity to continue to invest in other properties in the area. I do not ...
Gerald Pitts
HELOC - INTEREST ONLY
I'm trying to wrap my head around whether a HELOC is a good idea for an investment property. I applied for a HELOC and got a "counter offer" for a HELOC - Interest Only. Is this a good strategy to use for making dow...
Ronald Hunt
Rental neighborhood vs Owner Occupant neighborhood
I've witnessed investors make their decision on purchasing a property based on it being an area considered to be a rental neighborhood, or a owner occupant's neighborhood.I haven't quite yet grasped what difference do...
Jay P.
Debt Service Not Paid by Property Cash Flow
If you pay your debt service from money earned outside of the property's cash flow [W2 income], do lenders consider that or do they look at the numbers from the property as all inclusive to the property?
Brandon Vanderford
Land loan with 10% down?
My brother is investigating a potential investment property that could have significant upside if certain easements are obtained. He intends to keep the land for personal use initially, however. The purchase price wou...
Nilofer Sickander
how to determine minimum cashflow
Hello BP,I've attended multiple webinars where Brandon Turner does an amazing job doing rental property analysis which is immensely helpful. I've noticed though he uses $200/month for SFH or $100/month for multi fami...
Robert Cooper
Question - Down payment for investment property
Hi BP Community, are there alternatives in purchasing a rental home without putting down 20% of the purchase price. If so, could you please share with me your experience. (all advise are appreciated)
Adarsh Sahni
Chicago Downtown Condo for STR/VRBO/Airbnb - Bad Idea?
Hello all!I am a complete newbie to this field (and forum) so please go easy on me. Me and one of my friends are thinking of buying a lakefront Condo in downtown Chicago (2BA/1.5+ Bath). We both live few hours drive f...
Brad T.
Hard Money Loan to Conventional Loan Strategy
Hi Everyone,
I have been listening to the podcasts from Lifestyles Unlimited. Their main strategy for buy and hold is to purchase houses and fix them up with a hard money loan and then convert the loan int...
Jonathan Sher
Another Insurance Question
Hello BP friends, I wanted to get some opinions on the coverage I think is the best for me, but is the most expensive..
This quote for $1377 annually covers the following
Building/Earthquake - $130,000
Personal Prop...