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I've been trying to work out a deal with a land owner who would like to sell off a parcel of land in order to reduce is debt. However, He still has a loan on the property. If I buy the parcel from him, how does that e...
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Hey BP community,
I recently purchased a SFR property in the Piedmont Triad area of North Carolina where I plan to replace the first-floor chimney with a bathroom (toilet, sink, vanity, stand-up shower). The new bath...
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I am in an interesting situation where I am in need of money to finish renovations on my primary residence. We got hit with some surprise costs that I can’t afford. Option 1 - Cash out Refi Rental ProtertyOption 2 - S...
Hello Norwegian BPers,I need to do a refinancing of my two apartments and preferably a loan consolidation:apartment no.1 (selveier) is purchased for 2.560.000NOK, buy and hold rental apprised to 3.100.000NOK, my loan ...
Hi all,I currently have 2 investment properties, a house and condo. House: I purchase the house for 145K 4years ago with little down on a 30yr @ 4.25% Note FHA. After moving away for a job transfer I started renting t...
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It appears there are less banks/lenders out there doing lines of credits on a rental property vs primary home. What banks or lenders are other investors using to access some of their equity? Not looking to cash out re...
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Hello,I'm a brand new investor and my plan for real estate keeps evolving. At first the plan was to do buy and hold so we've been treading water just saving money. However my husband and I both have homesteading goals...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,000
Cash invested: $83,000
I bought this house as my home, moving from my 1st home after refinancing to put do...
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Investment Info:
Condo buy & hold investment.
Acquired 1-bedroom rental property, generating 30%+ cash-on-cash return. Currently appraising for more than double the price I purchased.
What made ...
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I may be able to sell a house on land contract. Has anyone gone to the bank and refinanced the existing mortgage after the land contract is in place? If so how does the bank view the land contract? I would have to ...