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31 July 2024 | 8 replies
If each duplex is individually parceled then you should be able to get 3 separate residential loans.
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30 July 2024 | 1 reply
The size of the unit was perfect for Airbnb or travel nurse mid-term rental.
30 July 2024 | 7 replies
To me it's risky to leverage to get another loan.
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28 July 2024 | 12 replies
It's a great strategy and the VA loan is a great product
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30 July 2024 | 8 replies
Hello,I’ve been doing a little research on a handful of lenders for specifically an FHA Loan.
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31 July 2024 | 4 replies
Hello there,I am a first time "out of town" investor, looking into Pittsburgh's Metropolitan for my first deal.I focused mainly on Allegheny county mostly, but having a bit hard time focusing on one specific area.My strategy is to purchase a property for long term rentals.I was hoping to get some insights into attractive areas for first timers such as myself, with good prospects and at reasonable costs?
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1 August 2024 | 12 replies
I'm looking to get into the medium-term rental space and I've found a property that fits all my criteria - it's a turn-key 3 bed 1 bath (one bedroom is on the smaller side so I plan to make this more of an office space), located just a 5 minute walk to the largest hospital in the area.I have 2 bedrooms and I was wondering if it's possible/viable to rent out my unit by the room to travel nurses?
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30 July 2024 | 8 replies
To add to the conversation, here are some of the minimum requirements you will be dealing with on the private lending/financing side.1-4 Unit Residential• 80% LTC max (20% down payment)• No experience required• $75k minimum property value• $50k minimum loan amount• 660 FICO5+ Unit Multifamily• 75-80% LTC max (20-25% down payment)• No experience required (program options will be limited if no experience)• $350k minimum property value (lower values possible, must have experience)• $250k minimum loan amount• 660 FICO
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31 July 2024 | 9 replies
Both of these zip codes you mentioned are great options for rentals in terms of class of tenant.
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30 July 2024 | 4 replies
We owe about 50k on a SBA loan that matures in 2027.