All Forum Posts by: Vivian Long

I started reading “bidding to buy”, hope to get a much better understanding on the process and how to buy at auction. The book says “for more resources on how to find foreclosed properties online, go to BP.com/foreclosurebonus... but I could find anything on the BP. anyone knows where I can find it? Thanks!

Can anyone recommend a handyman/painter in the CT Fairfield area? Property is in Bridgeport. Thank you so much!

Thank you, Haydn!

I’m wondering which is better to improve my buying power? Margin loan vs hard money? I need around $150k to be competitive in the bidding wars and wondering whether I should draw a margin loan from my securities or to get some hard money for it. Obviously with how the stocks have been, it’s quite easy to get a margin loan, but it won’t be converted to cash until 30 days the loan hits my account. And I have to pay the interest for the first 30 days. I don’t have a list of hard money lenders that I can tap into yet... it takes time and with the up front payment, I’m not sure whether this is a cheaper option. What do you all think? Thanks!!

Is 19140/19134 in Philly a B or C neighborhood? Should I invest there? I heard Philly was a market varied greatly block by block. But heard my friend had some good luck in the market and wanted to see whether it’s worth trying. Thanks!

Saw a lot of foreclosed homes/pre foreclosed homes and called a couple of agents...but they suggested me to go to auction.com as the process was long and there were lots of uncertainties...Felt that I didn't know anything about the process to buy a foreclosed house and wanted to get some basics before digging in again..Thanks!

Thanks for all the responses. Found another one with 2.9% for the first year, then 4 something after... 80% LTV... I started the application process already, but now with the responses here, maybe I need to rethink...

I'm a newbie with just a couple of rental properties...Looking at expanding with BRRRR and need cash. One of the options is HELOC. Talked to a few banks/credit unions. The best rate I found was 4.24%. Is this good enough? have you seen better ones? Looks like most of them don't charge closing fees or application fees. But some of them charge a mortgage tax of a thousand dollars or 2% for every time you make a draw...Not sure whether the APR is the most important thing I should consider...Thank you for your help!

Thank you!!