Mario DeGrazia
Going to bank for a line of credit
Hello all!
So I'm getting ready to head to the bank to hopefully set up a line of credit. My question is what should I bring or setup to show them? I have properties with tenants in place so rent roll and P&L is ...
Hiren Patani
Mortgage bank offering "Forbearance Plan" for my mortgage
Hi,I'm writing this from Houston, TX. Due to impact of HARVEY in Texas, my mortgage bank is offering "Forbearance Plan" for 3 months. Were I don't have to make any payments for 3 months. It will show my loan account a...
Jorge Pereira
banks that finance out of state BRRRR properties
Anyone have suggestions for banks that will finance a BRRRR for an out of state investor? I have a HELOC but am wondering if anyone has had good luck with being an out of state investor and getting a 30yr mortgage.Tha...
Chris Miller
Bank owned property, severe basement flooding, househack purchase
Need some advise/guidance. Our situation is two fold and is as follows...Although to date we own 2 rental properties and have done 1 flip, we want to do a house hack/ renovation for our own primary residence to live i...
Matthew Bailey
Investor Friendly Banking Option in the Bay Area
Hello, I am a land investor and I'm looking to employ the "Profit First" strategy to help me manage my financials. If you're not familiar it basically recommends that you have a bunch of bank accounts (income, profit...
Paul Aguilar
6K in the bank... where would YOU start?
Hey there BP fam... I really want to get started in buy and hold RE for cash flow. I don't have much saved up (6k) and I have good credit (700+) with minimal/manageable debt. I've been searching all over California (I...
Jack Walker
Best banks in Spokane for First Time Homebuyer?
Do any other investors in or near the Spokane, WA area have any recommendations for a local bank or credit union for a first time home buyer? Credit score about 730-740.
Darrick Lowe
Which banks offer FHA on MIXED USE properties?
I've been having some difficulty finding a bank that would offer an FHA option for a mixed use property (2 residential, 1 store/office). Has anyone had success getting one? In addition, if i were to find a bank that ...
Austin Gaines
Local Bank Recommendation for BRRRR - St. Louis, MO
Hi BP!I'm looking for a local bank recommendation in the St. Louis/Southern Illinois area that will help with BRRRR refinancing for an LLC. I appreciate the help!Austin
Rijm D.
Local Bank HELOC at 3.99% 10y. Better offers?
I am interested to move forward with a HELOC offer from my local Bank here. They offer at 5.25% interest rate, up to 80% to 90% financed for 10 years, 120 months. During their introductory time to the end of October 2...