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I got faith that my "BP Fam" can shed some light on this for me, so big thanks in advance. What are the factors other than the interest rate when choosing between a Heloc or a cash out refi?
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I've read how people create an LLC for their REI adventures and secure commercial loans versus getting conventional loans under their personal names. To my understanding the commercial loans closer quicker and are ...
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Hello,
I was wondering if using a mortgage broker is worth it? I know they can save me time and possibly find me better terms, but is it worth the money when they are essentially just a middle man and I can shop len...
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Hey I am currently in my first house hack. It is going great and I have caught the real estate bug! Now I want to buy another property and house hack that as well so I only have to put 5% down again. I have only been ...
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Would/ Can you form an LLC before you buy a property. I was told that most banks wont loan to an LLC real estate if you dont have a lot of business history with the banks. What my mentor said was once I bought a prope...
Hello,I am thinking about using a DSCR loan for my first rental property, and I know a Conventional loan cannot be used on distressed properties. I have an investor- friendly agent that have homes (not distressed) tha...
I'm currently in college and have around 400k to 500k in cash but no income. I am confident that i want to invest in real estate full-time starting this year. However, many have pointed out that getting a conventional...
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Hi ya'll
What are your opinions or has anyone had some experience with Loan forbearance?
Has anyone tried getting a loan modification at the end of their forbearance period? What do you think the options will be? L...
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I am 51 years old and disabled. My primary (and currently only) source of income is SSDI (Social Security Disability Insurance). My wife is currently unemployed, and has also applied for disability and her case is p...
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So I think the good news around real estate is only going to continue for some time to come. I believe we could see 5%-10% appreciation between now and 18-36 months on a national level and much more in local markets ...