Well so much for my grande idea. My rentals have been all bought with the heloc on my primary. Well now I’d like to put the equity of my free and clear properties to use. My big idea was to get helocs on those propert...
My partner and I closed on our first 3 rental properties between March 15th and April 27th. All 3 properties were purchased with cash and placed in our LLC. We have not been able to find a lender that will cash out re...
Hello All,We have a unique situation and I would like to get your opinions. We decided last year to move out of California and decided to move to Indiana so we went on the hunt and purchase an off market deal that was...
Hey guys,I was hoping I could get some advice into a situation I'm running into. I'll try to keep summarize it as good as possible.I've had a 4 unit building under contract with FHA since December. The lender I've b...
How do you find the banks for delayed finacing thru Fannie / Freddie?Spent lots of time on the phone calling but cant seem to get anywhereThanks
Hey guy! This is my first post so bare with me as I am new to this. So I have a property in Delray Beach Florida that my wife and I currently live at. We live exactly one mile from the beach, trader Joe's and a bunch ...
Hey guys, just wanted to share some numbers of a recent deal I've had in the works for a few months. I came across this one via a property manager (non-BP member) that oversaw the rehab project as well. I se...
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...
I've been ruminating over the low rate environment recently and whether to refi one or more of my long-term rentals, but I just struggled visualizing the full gamut of financial impacts, e.g. loan cost inefficiency, 3...