Andre Delacroix
Seeking DSCR loan for LLC under $100k in Philadelphia
Hello BP community!Looking to purchase a $110K townhome with existing HCV/Section 8 tenants ($1350 rent, $1000 govt $350 tenant) with my LLC.Loan amount would be under $100k assuming I would be putting 20% down, unles...
Amanda Glendenning
Best Option for funding
We own a STR business in MO. We have 15 STR with two completely free and clear. I would like advice on which loan product would work best in the situation described below:
We want to use the equity in one of our paid...
Josue Lopez
IS THERE A TERM?! HELOC, INVESTMENT PROPERTY, PRE APPROVAL
BACKGROUND: I WANT TO PURCHASE A SECOND INVESTMENT HOME, I CURRENTLY DONT LIVE IN MY HOUSE I RENT IT OUT COMPLETELY (3UNITS), IVE BUILT UP ENOUGH EQUITY AND I WOULD LIKE TO USE IT.QUESTIONS: DO I APPLY FOR A HELOC FIR...
Venkata Soma
Refi options to pursue for a BRRR deal
Hi Everyone,
I have currently acquired a property in Milwaukee, Wisconsin. I am planning to do a BRRR deal on this one. I have acquired the property through a short term loan with a ballon period of one year and at h...
Chris Reynolds
Looking to cash out of BRRR properties in Cleveland, OH
Looking for some advice and introductions to lenders,I have a property paid in cash, with no loan that is worth $70,000. I am having trouble finding a lender who will work with me to do a cash out refinance to complet...
Bruce Gardner
Zero Deposit for Security Deposits
Background - there are a couple companies out there who provide special insurance for no security deposit. One is called "Zero Deposit" based in Europe, another is Rhino. In essence, tenants don't pay a security dep...
Nicole Simmons
How to determine HOW MUCH I can afford to buy?
If my goal is to buy turnkey, rent and hold or maybe, BRRRR, with little to no money down- then how do I determine how much I can afford in a piece of real estate? I cannot afford to risk losing my salaried income, bu...
Chanise P.
Securing an FHA loan on a Quad
Hi All!I've been soaking up tons of info over the last year and a half and getting my credit scores and savings up to par and finally feel able to pull the trigger on investing. This is my first post to the forum. I c...
Brian Bistolfo
Refinancing: Am I Being Ripped Off?
Hi All,Just got my loan package back from a lender and the fees for this refinance seem very high. Can anyone provide some context on whether all this stuff is reasonable?My credit score: 760Subject property: SFH in ...
Alan C.
I would like to start investing but I am not sure of what I should do.
My wife and I would like to buy our first home together and have it renovated to our liking. We would also like to invest in real estate as soon as possible. However, we had filed chapter 7 bankruptcy and August wil...