my friend has a rental that's way under water, According to Zillow it's worth about 160k, while he owes the bank 230k. i know Zillow is not the more accurate source, but 70k is pretty significant.the house is rented o...

I found an interesting 3-plex that is requiring cash or owner carry.  The owner carry options is interest only for a year with 25% down.  My questions is how does this normally end after a year?  Is there any contract...

HI BP peopleI Have to duplexes under contract by the same seller for $420,000. With a rent of $1000. per month per unit. Now I can get a loan and 75% LTV with about a 5% interest rate, 30 yr fixed. After taking out ot...

Wondering what the pros and cons of both a HELOC and home equity loan is. And which would be better in terms of APR, Monthly payments, etc

Hello, 
With the upcoming possibility of a market correction I want to use a HELOC to take advantage of upcoming possible price drops within the market. With a HELOC, is it true you do not have to make payments on mo...

Hey guys, I'm quite interested in a specific property here on Oahu. It's dropped in price but still expensive ($mm). I think a lower price is reasonable, as the home is old. Getting a capital partner on board may be a...

Can someone explain how hard money loans work when using the loan to buy rental properties. Let’s say you buy a $100,000 property and your interest is 10%. What are you paying per month until you can refinance?

Hey Bp,I have an adjustable rate heloc that started out with a super low interest rate when we first got it. It’s now up to 9%. Is it possible to refinance it with a fixed rate loan of some sort? One with a lower rate...

Hi BP Community!
As a newbie and future flipper, I have been researching and reading up on Hard Money Loans. The piece that I am missing is the process of how the payments work.

If I borrow $100,000 from a Hard Mone...

Hello,
            Can I deduct interest paid on an Etrade brokerage LOC used for a down payment on an owner-occupied home? ThanksAndrew