Carlos Webel
Going rates for conventional 30 mortgages for investors
Hi all,I'm selling a condo in Miami, FL and reinvesting the proceeds in several properties in Houston, TX. I'm doing a 1031 exchange so I'm time bounded on the identification of the replacement properties (45 days). I...
Joshua Stewart
BRRRR House-Hack Questions
Hello BP Community, I am trying to purchase an investment property in the town I live in in North Carolina. This would be a BRRR/House-Hack hybrid. Essentially my wife and I would buy and live in it while we did the r...
Account Closed
FL MORTGAGE BROKER: don't be foolish, use a Buyer's Agent
As a FL Mortgage Broker who has been in the business since the 90s, I've seen almost everything. I know for a fact that I'm a better negotiator than 95% of all realtors and investors, but when I buy property, I alway...
Michael Challenger
First Time Home Flipper Looking to Connect w Lenders
Hey y'all, I have approached a point where I have built up more confidence in performing my first house flip in the Charlotte metro region. I currently am a resident here (so distance is non-factor) and I possess some...
Joyce Kim
Personal financial hardship - HELOC vs Home Equity Loan?
I was recently laid off and have accumulated about $20,000 in credit card debt, primarily from paying last year's property taxes and covering a few months of living expenses. I own a house with approximately $400,000 ...
Kareem Aaron
Inquiry on getting a HELOC
I'm interested in getting a first lien HELOC on one of my investment properties (i.e., I don't live in the house). I plan to use the line of credit to invest in other properties.The house is worth $246K and I owe only...
Andrew Mowe
After buying your first property
Hey BP community, I’ve been racking my brain about the best ways to finance deals number 2 and 3 of my portfolio and I want to see what you all think.I’m already working on closing my first deal with a low down FHA lo...
Jaydeep Deda
Need help/advice/suggestion for tax and Mortgage structure
Scenario:
I started buying condos beginning 2011. Each year I bought 1-2 properties which needed extensive work.
To build my rental portfolio and offset taxes, I used to buy properties that needed work that was equ...
Matthew Morrow
Sub2 Deal- From an Agent Prespective
Hi AllWe have a client wishing to utilize a sub2 strategy for several purchased in our market. Fantastic idea and even better deal if we can find a seller willing to cooperate. What is everyone's experience with this ...
Christopher Huber
Financing on mobile homes
I am trying to purchase two lots, each with a mobile home on it. Purchase price is $170k and monthly rent is $2550. My problem is finding a lender who will finance mobile homes. How would you go about getting financin...