Jason Howell
Buying down interest on long term buy and hold loans
Working on a loan for a duplex that I'm psyched about. I'd love your thoughts on paying down interest rate up front with points. I'll use an example with similar numbers because I want to truly understand the reasonin...
Yon Chung
Where to get $30k for a $130k deal?? Suggestions please
Hello all! I have been in RE for the past 16 years. I've been working during that time with almost perfect credit scores so getting loans to purchase rental properties was a breeze. Now I am not working (my husband...
Michael S.
Getting HELOC When Own Too Many Rentals?
Hi,I have been rejected on two occasions for a HELOC on my primary residence because I own too many rental properties tied to mortgages. Do you know of any banks that offer checkbook HELOCs that don't require withdraw...
Krish Roopchand
Lawsuit during Refinance Process
I am a current customer with Flagstar Bank and I am applying to refinance my primary residence.My FICO mortgage scores are 632 , 623, 590. My original purchase price was $530k and my current loan amount is $100k.I am...
Gustavo Perez
Need help Financing (partnership)
So as of now I'm looking at two investment properties. 1 is a 2 possible 3 bedroom with 1 bath that is in good condition but needs the the upstairs remodeled and the sellering is motivated and willing to go down. 2 a ...
Ozzy Smith
I'm a unicorn
Just to explain the subject heading, that is what a couple of investors have called me. Everyone talks about finding ridiculously cheap houses, or buying properties with no money and no credit, but few have actually ...
Jared Khan
Partnership - Financing Issues?
BP - a close friend of mine has $100k liquid and wants to invest it RE with me. Preferably a long-term rental/hold, but flipping isn't out of the question should a deal present itself. Our idea was that I/we use the l...
Jordan Slater
$130k seed money!! Suggestions for next move?
Norman, OK. 2.5 years of real estate investing. Bought low and sold high on some properties. Now have $130k in cash. Have several opportunities in front of me, but would like to hear what ideas others have. I hav...
Rhona Didi
Buying condo - asking for credit after inspection
Hi All,
I'm buying a condo in central NJ. After we did the home inspection, the report had a few items that we would like the seller to address or give credit.
The condo is 30+ years old and the windows are original...
Greg K.
1st BRRRR deal sold to tenants for 144% of cost
Investment Info:
Single-family residence buy & hold investment in Fitchburg.
Purchase price: $98,000
Cash invested: $1,500
Sale price: $155,000
2 bed, 1.5 bath condo built in 2004. Purchase ...