I’m looking for a private money lender and one person gave me their info via FB to start applying, but I don’t know how to know if this person is legitimate and not a scammer once he gets my info. He says all he needs...
Good Morning all! I have a property on my radar that will soon be vacant. The owner is going to just walk away from it because the mortgage doesn't show on her credit and she has purchased another home. She doesn'...
Hello will purchasing a property under your LLC with no personal liability increase your personal DTI? We are looking to purchase another home this spring via conventional mortgage, we are selling our primary home an...
Hello all, I know interest rates are rising rapidly. I just got quoted a 7.25% for a cash out refi. My credit score is 780. Does this seem to align with what other people are seeing? It does seem to be a bit highThank...
Hi All,
I'm looking for a line of credit against a rental property that I currently have a 60% LTV on. I could do a cash out refi, but the fees get expensive and it just isn't as flexible. Does an LOC on investm...
What if you have 20% down payment, 900+ credit score but can't get a loan because you are self employed and can't prove 2 years of income stability. Income over 6 figures per year. Recently laid off from BP and start...
With many seasoned real estate investors locked into low first mortgage rates and large equity positions, many borrowers and investors have been exploring tapping second position loans like home equity lines of credit...
Hey fellow BP members,
Here is the information (hopefully not too much) on a deal we're working. This is our FIRST. We Welcome your input!
3/2 with garage, 1,300 sq.ft., nice neighborhood and home well maintained. ...
We need help with the BRRR method. Our portfolio currently consists of 10 properties (5 single family homes, 5 duplexes). We have financed these through various methods including traditional, home equity from our pr...
I have one of my rental properties listed for sale. I received an offer to sell it for full price with seller financing. I never really considered going the seller financing route, and know little about it, but it doe...