To all you that have several or more properties.I have two properties under private mortgages I am looking to refinance. My attorney strongly recommends continuing to keep both properties and all additional propertie...
I purchased a property this year. Was having rehab work done, but project and budget has gone off the rails. Seller will buy back the property and assume all debts going forward. I will hold a first position loan...
Hi,I am in the process of getting a 30 year mortgage for a rental property(20% down). The current closing date is 4/21/2017. Today, I was asked if I want to lock in my interest rate. I was told it would cost $1644...
Hello all. I am doing research on financing in hopes to flip a house. I will not have any money for down payments etc. in the near future but I need to get out of the rat race so... I read about the Stated Income Busi...
I have a primary residence in which I’m about 20k from getting to 80% of the original purchase price. We originally put 5% down when we didn’t have as much cash reserves and have been paying PMI since. Our financial s...
Hello BP Community!My name is John Carr - I am originally from Charleston, SC and now reside in the great city of Chicago! I have been a BP lurker for the better part of a year, digesting the amazing content that Bigg...
We've seen tremendous interest from investors seeking larger balance investment property HELOC's or home equity lines of credit. Understandably, investors are looking to tap or access increasing equity positions, many...
Hello Everyone,I am currently under contract for a duplex between my father and I. My question is, after closing, is it possible to put the duplex into an LLC. I want to ensure that both my fathers assets and mine are...
I can't decide whether it's worth it to immediately do a Delayed Financing cash-out upon completion of rehab, or whether to wait 6 months and do a regular, cash-out refi. If I'm reading the eligibility matrix correctl...
So I would LOVE to eventually get into Commercial Real Estate, especially apartments, but realize the commercial loan world is much different from SFR's. The part that keeps sticking out to me is the concept of a "bal...