Eleanor Martin
SF Rental in Simpsonville, SC
9 January 2025 | 1 reply
Conventional loan How did you add value to the deal?
Ralph Ace
Down payment with Heloc
6 January 2025 | 2 replies
I want to purchase an investment condo for $150,000.I want to get Heloc loan from my other investment condo for $50,000 and use it as downtown payment for this condo.Can I get a 30 year fixed conventional loan for $100,000 and use $50,000 for down payment from heloc?
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
Is this using a 20% down, conventional or DSCR loan, although I would think a first time investor would use a conventional loan.
Kiley Costa
Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
Absolutely you can, I rolled over my IRA into a fund making double-digit returns.
Isaac Watson
Top Tips For Purchasing Small Multi-Family Through Creative Financing
12 January 2025 | 3 replies
Meet with a local banker & schedule a time to talk with a mortgage broker, they'll give you at least a baseline of what kind of down payment options and rates are out there.After that, if you're still wanting to research more creative options, do some looking into seller financing (a very hot topic with good, and bad, advice out there), look into private lenders, and commercial financing options.If you're wanting to live in 1/4 of your quadplex, then conventional residential loans may in fact be your best option as you can purchase that with a fannie/freddy loan with very low down, and use up to 75% of the income from the property toward your own income.
Eli Kim
Maxed DTI. How should I get more properties?
10 January 2025 | 20 replies
If they are CF positive then they will not cohnt against your DTI but will improve it...that's standard conventional guidelines barring a few exceptions.
Pranav Patel
22 with ~$50K saved up, is it too soon to start?
16 January 2025 | 9 replies
Consider looking into FHA or conventional loans with lower down payments to maximize your cash.
Chris Garnes
Please help - advice needed to complete two flip properties.
10 January 2025 | 5 replies
You can get conventional, FHA or VA rehab loans.
Matthew Steele
Lost lease, tenant issue
4 January 2025 | 11 replies
Keep digital records and pictures.
Bob Asad
When Doing a Comp, Do you Analyze Foreclosures Too?
7 January 2025 | 1 reply
Let's say there's 3 properties in a 1-mile radius with 5b/3b, but one is a foreclosure and the other 2 are regular conventional sales.If you're doing a comp for your subject (4th) property, do you have to take the foreclosure one into consideration?