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22 December 2024 | 12 replies
It was really insightful, especially the part about how DSCR loans offer shorter seasoning periods and more flexible qualification requirements compared to conventional financing.I’m currently focused on scaling into 6+ unit multifamily properties in New Jersey using the BRRR strategy.
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18 December 2024 | 5 replies
I'm excited for the opportunity to be apart of the community with BP, I reside in the state of Virginia and started my investment journey many years ago at 22 doing fix and flips, I stopped when the market crashed in 2007/2008 and didn't like the way the market looked and I left the investing world, I became a mortgage loan officer, and then processor and later underwriter and learned the backend of the conventional lending world.
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15 December 2024 | 3 replies
@Paola Astrid, if so be the case, refi to a conventional investment loan.
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26 December 2024 | 27 replies
You could post photos of a similar asethetic, but be very careful and make it very clear these are placeholder photos.
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21 December 2024 | 6 replies
Confirm fireplace has been cared for as part of your quarterly inspection.
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16 December 2024 | 7 replies
@Shak F. you wont be able to do a cash-out refinance with a conventional loan, since they require 12 months.
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22 December 2024 | 1 reply
He could have sold it to any investor, but he called me because he trusted I would handle it with care and respect his wishes.
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19 December 2024 | 22 replies
Yes we were successful winning bidding wars 3 months ago using the family postcard technique;) Basically, we added a cute picture of our family along with our offers (which were based on conventional financing) and our “humanity” made us win over the cash offers.
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19 December 2024 | 5 replies
They aren't spending their own money, so they are less likely to take care of the rental or follow rules.
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18 December 2024 | 4 replies
They can be sold to owner occupants that get a conventional, fha or Va loan.