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...
I'm going through the underwriting process right now to see how much of a HELOC I can get to leverage the down payment on my first Buy & Hold Property.
This process I was told can take 3-4 weeks (appraisal, cred...
So i live in Norway and want to get into real eatate in the US. After my reaserch i feel that investing is better in the US as the average property in Norway are twice as expensive as in the US.Is it possible to get a...
When I turn 18, I plan to get a 4 unit house and live with my friends, If I do a down payment of the conventional 3.5% and then split the rent 1/4 or even charge them more, what could go wrong, assuming I’ve known the...
Does anyone has a recommendation for a bank or credit union which will do a Heloc or any other type of cash out for a non owner occupied property?Im looking for a Heloc on a duplex that I own free and clear.TD Bank do...
Hello BP Community,I got a MFH loan for $400,000 with my personal bank (Wells Fargo) back in June. It doesn't expire until October. The interest rate is 3.625%. WF has high lender fees and the interest rate could be b...
Hey all, I wanted to start off by thanking the community and the wealth of resources here. To summarize, there are several factors that have me (as a first time buyer looking at Multifamily FHA for house-hacking) to w...
So a mentor of mine is arranging a meeting with a portfolio lender (small local bank) reference a deal I have in the works. This will be my first attempt at such financing. Everything I have done to date has been co...
Hello investors hopefully someone can help me with this. My question is when it comes to getting financed for a second property. If I have one property and it's producing a positive cash flow after mortgage and expen...