Jay Malaviya
Loan options for multifamily
5 March 2021 | 13 replies
You can each have up to 10 loans, so if there are 4 of you, you could have potentially 40 properties collectively before being out of Fannie Mae slots.
Mike Umscheid
My Fiancé and I both qualify for a First-Time Home Buyer Loan...
3 March 2021 | 1 reply
So rather than buying 10 properties together, you can each buy 10 properties for a total of 20 properties.At that point you roll most of your properties into a commercial blanket loan, that thereby frees up your 10 conventional slots again, so you can buy another 10 at the best terms.
Cole Simpson
STR investing: How do you feel after Covid?
5 March 2021 | 9 replies
I have a STR by a hospital and every slot gets filled.
Nick Johnson
Mortgage Options for 600 FICO on 75% LTV purchase 8-12 properties
9 March 2021 | 3 replies
Once you have hit your 10 limit, you would then move on to either Non-QM / portfolio loans, or you refinance most of your properties into a commercial blanket loan, thereby freeing up your Fannie Mae / Freddie Mac slots for a new round of 10 loans.The caveat is that when you do the Non-QM / portfolio or the commercial blanket loans, that you are not required to have a personal guarantee on those loans, otherwise if they require a personal guarantee, then the still count in the 10 financed property rule.
Candice Samuel
1stWholesale Deal.. Any Advice greatly appreciated 🙏
27 January 2021 | 2 replies
Since the property is owner-occupied I plan to set up an open house over the weekend where a handful of investors can view the property in certain time slots.
Jobin V.
Multifamily Syndication Intro
30 January 2021 | 14 replies
So I’ve polled a good chunk of syndicators and they’ve all said something similar to you michael- the ability to raise capital is key.I’m going to start doing that with my single family houses so I’m better positioned in a year to bring some value to the table for a GP slot in a syndication.How much capital are you trying to raise michael?
Julie Smith
1031 Exchange Questions Husband and Wife
19 February 2021 | 6 replies
Our issue here is we are both on the title of the houses, which would be only 2 open mortgage slots.
Scott K.
How do I get a 2nd phone number for guests to contact me?
30 June 2021 | 31 replies
My new Samsung Galaxy S10 has 2 sim card slot.
Mubbashir Nasir Siddiqui
Information requested for zoning categories
8 February 2021 | 1 reply
Hi,My name is Mubbashir, I’m currently new to the real estate investment side. question I have is Im located in Raleigh NC.What is the category for a multi-home ( townhomes or multi condos) and what is the process to convert zoning from one category to the other.Estimated fees and time slot.
Chris Smith
Airbnb setup : Eye catching items can you add to increase booking
28 December 2020 | 7 replies
You won’t get that group with 2BRs and the beauty of it is that bunk beds are inexpensive and kids don’t need many creature comforts other than charging docks for game players and tablets.