Steve Adler
Downpayment, but won’t qualify. Any options?
Hey BP Community, I am glad Tiktok has introduced me to this website haha! I have been following the STR method and researching on it, and I wanted to pick everyone’s Brain on it. I have $250k cash to invest, and I’d ...
David Wrenn
Bought a 4 family for $36k, it's now worth ballpark $800k-$900k
The owner bought the building 50 years ago or so because he originally paid $36k for it. There' practically no comps for a 4 family in that area so myself and my friend(agent) comped it somewhere in the 800k's. The ...
Chris Simms
Financing options... HELOC and Cash out refi
First time poster! Without diving into too lengthy of a post.Bought first rental property just over 2 years ago.Used a HELOC to do so at 5.1% locked rate so investment property has no note on it.Have an option to do c...
Alphonso Clark
Funding
How do I find funding for investing in mobile homes to buy, rehab, and hold?
Jon S.
Lending to an LLC or to individual
My local credit union bank officer informed me that they cannot lend to an LLC, unless I go through commercial lending, which will have higher rates, and may be tougher to get approved because I do not have 2 years of...
David Hersh
Canadian Investor Entering the Detroit Market
Hello, I am a Toronto-based investor who has properties in the downtown area, and now I am looking to make investments in Detroit. As a Canadian, I need the help of experts who can help me understand lending, legal, a...
Quynh-Chi Nguyen
Dropping PMI with a higher interest rate
HelloNeed some advice about dropping PMI ($140). Quicken Loan called me and told me that they can can pay for my PMI because of my 820 credit score but my interest rate will be .5 higher. (My balance is not getting do...
Precious Thompson
Advice for applying FHA loan with credit no debt average income
I plan on applying for a FHA loan in March ,2018 which will make 2 years verified w2 income working full time, i have over a 700 credit score and an income of about 1,700 a month no debt(i also plan to get another par...
THANG BUI
Advice Needed, Lots of Equity but unsure of next step
Hello everyone,My mother and I are considering our next move but do not know the best way.Properties owned:4-plex: Value $1.15 million. $530,000 owed at 4.25%, $4000 monthly payments over 15 years. Title: Mother and m...
Joseph Glisson
Received a call today NEED HELP ASAP. Buy home, rehab, sell back?
Today I received a call from a marketing piece I have posted. The homeowner currently owns her family home after family passed. There was a small fire and damage was done by the fire department when they put the fire ...