Beginning investor here.I came across a 4plex - basically 4 studio units with one bath each. The asking price for the entire property is $199999. Three of the units are currently rented out, totaling 2045 in income. T...

This will help the BP community as well as countless NYC landlords with voucher tenants.

"assuming a matching mortgage rate drop, will be VERY disappointed, frustrated, and yelling" - If this describes future buyers this doesn't help my case to sell a profitable flip.

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Help!  Is this return too low???  I have future plans for this tri-plex to increase rental income.  But for now it would cash flow...thoughts?We need to use a DCSR Purchase loan.  We wouldn't qualify curr...

My goal is to use the land I own as equity to help fund the construction.From my research, the initial costs to start a ground-up build—including foundation work and rough plumbing—are estimated between $27,000 and $30,000, and I’d like to secure that amount at closing.

Not to get political - but since we are being truthful, monetary policy is not independent and there has already been an intentional loosening of banking rules to facilitate more lending and more...activity & profits.Things to watch: ARMs (Adjustable Rate Mortgages) are increasing in percentage of loans closed, as are interest-only, lower down payments on DSCR or NON-QM (Alternative Income & Asset Verification) as are the DTI, reserves and employment duration criteria. 

if so, i would not.hope this helps

I fight the "greed bug" everyday, I see "deals" on here where I could step in and fund it or facilitate it, the money isn't the issue, it's the legal aspects that keep me away as well as my ethical dealing.

Some case workers/program workers are more helpful than others and will give you/send you all that you'll need. 

Not to be a squeaky wheel, but give us the stats and we'll help you out.