Hey BP,I am spoke with my current lender, and they only allow up to 4 mortgages. I found out that I can get up to 10 mortgages by using a “portfolio lender”.Are there ways that I can have more than 10 concurrent mortg...
I currently own 3 SFHs, including my residence. I have an $80k heloc on my primary residence that I took out this year in February to purchase a rental property in IN. The property is valued at $160k. I am planning...
Over the last few days, a couple of local banks told me they "are not currently offering cash-out refinancing on investment properties due to Covid impact concerns". Have any of you heard anything similar?
Very new t...
Hi all, I think I may be stuck. I have been at this real estate game for half a year. For a bit of background I would like to do a house hack for my first property. Thankfully there are many triplex's and quadplex's i...
I'm having trouble getting loans because the price of the property's are to low.Currently I'm looking at a 4plex for 170,000. I have 25% to put down.I have a 775 FICO, my salary is in excess of 100k, and I have a liq...
Where can I do a BRRRR with 50k? Looking at Memphis right now.
Hey all,
Any feedback is appreciated.
In the process of buying my first rental with a conv. loan. Purchase price is 62k and dp is 15%. I'm fairly certain I can get approved for a 50k LoC at my bank. I'm trying to u...
I have a property that I’ve invested 40k in total into the house. Purchased it a little under 16k. This purchase is all cash. I’m trying to utilize the BRRR Method but I’ve hit a wall. I’ve had a tenant since June 26,...
I want to get the equity out of my home my interest rate is 5.9% balance is 94.000 ,my home value is around 250.000, who is a good lender. I,am from Richmond Va
Hi all. I'm very new to the real estate investing world. I have one SF that is currently being rented. We are in the process of finding our second deal.
I created a scalable property management business model. I am a...