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Non Owner Occupied HELOC's
Hi BP, I am under contract on a duplex located in Glens Falls New York. After I take ownership I would like to get a HELOC on the property once I complete renovations.. The value will be there when all is completed..I...
Josh Anderson
Corporation getting out of a hard money loan.
So, I live in Alabama, own and run a medium size rehab/remodel company. Found a house that is good pickings for a flip. Purchase price is 47k with around 25k of rehab. Using a hard money lender with 20% down. 12% inte...
Eric Chappell
Best Insurance for Rentals - some in LLC, nome not
Hello,I currently own a few rentals free and clear in my LLC and have a few under my name due to better mortgage rates/terms.I currently use NREIG for insurance on the properties 1.in renovation, 2. out of renovation,...
Scott Trench
Awesome New Podcast - Getting Things Done With David Allen (Show 117)
I struggle with questions like these every day:How can I get more done?Will getting more of THAT done make a difference?What are the highest impact actions I can take NOW?Well, the latest BiggerPockets Podcast seeks t...
Derek Lenz
Help with a few questions please
I didn’t really know where to ask this so hopefully this works. I have 2 questions that could use a few answers. One I am at the beginning stages of becoming real estate investor. I live in So Cal and I’m in the resea...
Tim Greenfield
Estimating actual rebuild costs for insurance premium
I recently purchased two properties in Cleveland. One property was built in 1922 and the other was built in 1952. Both in established neighborhoods and already rented. I am trying to improve the cash flow and with the...
Kyle Jones
Trying to get a HELOC
Hey all,Trying to get a HELOC and can’t find a bank anywhere to accept a investment property. I still rent my self. I bought this duplex for 70k and is somewhere between 100k to 120k now. Any suggestions?
Ryan Jopson
HELOCs and Investment property
Good Evening;Has anyone had luck finding a lender willing to underwrite a heloc for non owner occupied investment property (1-4 units)Any insight, comments, suggestions, recommendations, etc are much appreciated.edit:...
Mack Owens
Thoughts on 8 Units being on a septic system?
Hello BP,Once again, I need advice. I am currently evaluating 8 units, all in one building and as the title explains, the property is on a septic system.I am looking for everyones thoughts and advice on whether or not...
Laura Renner
Has any buyer of a large Multiunit experienced these demands?
Need your thoughts BP community.Has anyone being a principal or a Broker Rep experienced these demands from listing broker in order to convey your buyers offer to the seller? My gut has been since day one that this l...