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Looking for advice on the best form(s) of bank financing. I have typically been getting commercial loans with a 20 year amortization at up to 80% loan to value. This works fairly well when it comes to holding the pr...
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Is anyone willing to share how their credit score has been affected or changed since starting real estate investing?
I am curious, because prior to real estate, I had a high 700, just a hair under 800. But it has be...
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How could I get a loan in this situation? I'm a first year commercial real estate agent so I'm 100% commission. I found a perfect first deal for my self that I put under contract. It's a cash-flowing, 15% cap, 4-unit ...
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I need to choose between 2 HELOC offers, one with Penfed, the other with Zions bank. Penfed is offering me 115k, variable prime + 1.5% rate, no closing costs. Zions is offering me 100k, variable prime + .94%, about $2...
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How would you process with establishing business credit for the purpose of obtaining capital via business lines of credit. Would you set your LLC with your home address or use a virtual address. I've done some researc...
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Hello All,
I currently have a conventional mortgage for my personal residence and one rental property. I have another rental property with a $24,000 installment loan. I have a couple questions:
When I w...
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It is more desirable to a lender to see a credit line paired off in full quickly or to credit lines paid off on time over a stretch of time?I have student and auto loans and I believe if I paid them off as quickly as ...
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I am currently buying a property in PA via an "Installment Agreement" Owner Financing and have confusion about how insuring the property should work. The owner has a small mortgage on the property and my insurance bro...
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Hello BP,
I am buying a property for 20,000 and wondered what the pro's opinions are.
Should I pay 20% down and get a 30 yr loan at 4% and obviously pay all the fees involved with this or
I have a...
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Hi, thanks for reading. 98% of the homes in my area fall into two categories: cheap but bad neighborhood; nice but will sell all-cash within 4 months. So, when I find the rare person willing to take payments, I want...