Arvin Chan
Smoky Mountain Vacation Home/STR
24 June 2024 | 11 replies
Hi Arvin, On a 1-4 unit property, many lenders will allow up to 85% financing for an investment property purchase.
Olivier Colson
Real Estate Growth strategy - need advise
21 June 2024 | 21 replies
So I started from scratch 3 years ago and purchased one by one 10 rental single family houses in the last 3 years, all in my 20 miles neighbouring environment upstate NY.
William Coet
Where to find 30 year mortgage for 5+ unit multifamily?
23 June 2024 | 8 replies
Hi William, What price point are you targeting for this purchase.
Mary Chen
Suggestions on doing a investment property loan involving 1031 money?
23 June 2024 | 1 reply
(Their $500k sale could be 90% of a $550k purchase or 1% of a $50M purchase.)As far as qualifying for a loan.
Tomer Maoz
Should i pull equity from my rentals using HELOC
23 June 2024 | 12 replies
Hello, I want to use my equity in one of my SFRs to purchase a short-term rental (I currently have 8 LTR) .
Luis Lozada
Using my equity
24 June 2024 | 6 replies
For $150,000, this could be $3,000 to $7,500.Investing in a Rental Property: Costs and ExpensesDown Payment and Closing Costs:Down Payment: Assuming you buy a $300,000 rental property, you need a 20% down payment ($60,000).Closing Costs: Typically 2% to 5% of the purchase price.
Victor Valencia
Title insurance claim regarding Easement dispute
23 June 2024 | 7 replies
I purchased a short-term rental property a couple years ago that requires crossing another landowner's property for access.
Zehua Zhou
Does standard non-recourse Freddie Mac Commercial loan work for IRA accounts?
24 June 2024 | 8 replies
The lender explained that the standard carve-outs include committing criminal activities on the property, failing to pay property tax and failing to purchase insurance for the property.
Cory J Thornton
What are the potential effects of "Phantom Debt?"
20 June 2024 | 2 replies
This debt type would throw economic projections for economists and increase the risk of lending for lenders.Phantom Debt is created when a consumer chooses the Buy Now Pay Later (payment plan) option when making online purchases.These types of payments are not currently reported to any credit agencies as debt which is why they have been given the term "phantom."
Andrew Freed
Where Can I Buy 2024 BiggerPockets Con Tickets?
23 June 2024 | 20 replies
Anyone know where I can purchase the 2024 BP Con tickets?