All Forum Posts by: Benjamin Furney

Hello, I am looking to purchase a duplex in Newark, NJ in a few months. It would be a conventional loan, 15% down on a multifamily property. Any recommendations?

Thanks for the reply Marshall, it looks like the 5% down for conventional doesnt exist under freddie mac and fannie mae. Thats where I was confused. 

Im looking to buy a duplex in LA with 5% down. 

When applying for a mortgage and the banks look at someones income, they will give a mortgage estimation of what someone can afford. What happens if the property is a duplex though? Does the bank take into account that the other side will be rented out, thus bringing income?

Hello, I found a duplex that I would like to purchase in LA. I am looking for a small local bank that has flexible terms to talk to you. Any reccomendations?

Hello folks, new real estate investor here! I am looking for some off market deals. I have my city down and neighborhoods. I am doing long distance investing, however I can fly in for five days at a time if need be. What are some good strategies.

Hello folks! I am looking at some markets in New Jersey and New York (state not city). I would like to look at some properties at the auction house when they default on foreclosure. Anyone have any tips?