Nolan Gray
Protection of investment held in personal name with a HELOC
Hello Bp
Need advice on protection of a property that I have a home equity LOC on.
In order to obtain the HELOC i had to use a personal guarantee (property title in my name) .
Transferring title will trigger due on s...
Sam Spade
How to buy my first investment property
Greeting all We live in New York and would like to buy an investment property in Florida close to Orlando as it Airbnb. I currently own a property with a mortgage that has an interest rate of 4%. I like the loan and d...
Curtis M.
Looking for someone to help set up llc in colorado
Does anyone know someone who can help me put my Denver property in an llc? I have an existing mortgage and was looking to get a heloc on the property so I'd like to know how this would affect the process.Thanks,Curtis
Michelle Hall
HELOC or Cash out Refi in Broward County
Hi BP community,
I own an investment condo in Fort Lauderdale that hasn't sold in a few months. Was considering doing a HELOC or cash out refi to move on to my next property.
Any credit unions or lenders with good r...
Steven Lebischak
What to do with my first property?
As I mentioned in my New Member Post I bought the house I am currently living in three years ago. It is a 3 bed 1.5 bath with a full basement and single car garage on about a 1/4 acre. I purchased the property with th...
Brandon Roberts
Heloc on a rental property (Phoenix)
I’m looking to turn a private residence that has significant equity into a rental property, and buy a new home, does anyone in Phoenix, Arizona know of a lender that will give an investment loan with a HELOC so I can ...
Kevin G.
Antioch BRRRR Project
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,000
Cash invested: $55,096
Purchased a distressed single-family home in Antioch, CA, using the BRRRR strategy ...
Rick Im
2nd mortgage lender
Does anyone know of a lender that offers second mortgages on rental properties? I’ve been working with several lenders for DSCR loans, but I’ve found that the fees are quite high, with minimal benefit in terms of lowe...
Paul Enzinger
Financing ideas on an investment property
We recently closed on our second investment property, a duplex, which is cash flowing nicely. We live in a duplex ourselves, so we have a total of three units. All our tenants have stable jobs. We are looking to perha...
Louie Figueroa
HELOC vs Refi?? Selling in 2yrs (primary home)
I need to do some upgrades to sell my home or rent it out in 2 years. I’m not sure which is better in my case. I have a 3.625 rate now and am hoping to rent it out in 2 years if I can save enough cash in the mean time...