All Forum Posts by: Kevin Mcnair

@Roy Nash Do you have any national lenders you would recommend?

Thanks for all of the feedback. I would love some recommendations of banks that still offer 30 year, 25% down with rates under 5% for SFH investment properties.

I bought my 3rd SFH investment property last month ( 3/5) and paid 25% down with a 3.15% rate on a 30 year conventional. The bank told me I get another with the same numbers but today (4/2) after the Fannie Mae changes it jumped to 40% down with a 4.5% rate. Are there any banks that still offer 25% down with rates under 5%?

I currently owe 213k on my primary home. I cant decide whether to pay off my home thus lowering my DTI ,eliminating my $1500 mortgage, then taking out a HELOC to buy rentals starting the BRRR strategy or use the $213k to put down 20% on 100k homes and buy as many as possible.

Any advice is greatly appreciated.

 Thanks Tarry I will look her up.

 Thanks Ben I look forward to hearing from her.

I am looking for investment properties in the Richmond area and looking to see if the BP community can recommend an agent in the area that has experience working with investors. Focusing on Chesterfield, Henrico, Hanover, and Powhatan areas. Thanks!

I am having the same issue. I have been looking since last January and still have yet to find a deal. Its hard to be patient when you have money to spend. :(

Thanks all for the warm welcome. 

If anyone is able to help it is greatly appreciated!!