John Ala
I can't get a commercial loan
The company owns the property, so that makes the loan a commercial loan. The business is only 1 year old and so no one want's to talk to me. I only need 300k so the amount is too small. How the heck is BRRRR supposed ...
Jerad Grace
Single family home rental
I’m in the process of renting out my home (1st rental). I’m refinancing to pull equity out to put down on another house (to live in). When I refinance is it best to keep the new mortgage (rental house) in an escrow ...
Dalton Ward
"Foot in the Door" Property!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
This is my "Foot in the door" property. I would like to hold on to it for at least long enough to get it refina...
Doron E.
Refi with Cash Out option for Rehab
Hello all, I'm in the process of refinancing a 4 unit apartment building to get out of an 8% loan. The new rate will be 4.5%. In addition to the refi, I have the option of pulling down an extra $30K. Based on my calcu...
Ben Smith
Sales Approach Or Income Approach
When evaluating a a duplex, triplex, or quadraplex do you use the sales approach or the income approach?
Elliot Ott
HUD partial claim sent to collections??
So, my wife and I purchased our house in 2009 with an FHA loan. We got into a little financial trouble and did a loan mod under the Making Homes Affordable act (end of 2011). In essence received a partial claim from H...
Jenn A.
Questionable Appraisal - what to do?
Is there anything you can do when you disagree with the appraised value? The area has been in an upward economy for several years now, yet the appraiser is valuing the house LESS than the county assessed value. He is ...
Riley Way
California appreciation in a underpriced beach town
Investment Info:
Condo buy & hold investment in San Diego.
Purchase price: $318,000
Sale price: $495,000
My wife and I bought this property three years ago as our primary residence, then moved ou...
Kris Columna
Heloc or Cash out refinance
Good morning everyone ! So my property has gained equity and I’m looking to take that money out to reinvest it. How do I go about doing so? Which method should I use Heloc or cash out refinance? Can someone help me un...
Mason Haley
Basics of Prive Money Lending (Debt Method)
Hello, I am trying to better understand raising private money. To my understanding there is debt or equity methods and the debt method is more straightforward so let's start there. In my situation for this example I a...