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16 June 2017 | 1 reply
If you don't meet these requirements you may partner with other people (co-sponsors and key principals) whose combined networth and liquidity would satisfy a lender.Once the property is stabilized it can be refinanced with a Fannie Mae or Freddy Mac loan which would have no personal recourse but similar networth and liquidity requirements.Ad for best banks, find a mortgage broker specializing in apartment loans and let him/her search for the right lender.
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15 October 2016 | 93 replies
@Ujwal Velagapudi Yes, a 4 unit building I recently bought has a property management co.
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8 March 2017 | 6 replies
i have listened to all of the podcast and did research for buying a SFH in colorado springs near the military base.
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15 March 2017 | 13 replies
I do handle mortgages in Colorado but cannot claim to know distances like I do in Chicago.
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19 August 2017 | 15 replies
I'm not currently active in the Colorado market since I'm living in Tucson, Arizona but my brother and father have their licenses in Boulder and Littleton and we constantly talk about how the market is going.
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24 March 2017 | 12 replies
I know it shouldn't be a deal-breaker, if the mgmt co doesn't want to manage a C/C- property, but do you contact them before you buy, just to see what their thoughts on managing it would be?
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10 September 2016 | 4 replies
My county may NOT have some data, such as Divorce...i live in Tarrant Co., Tx.
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23 May 2017 | 20 replies
My Colorado property has never had this problem.I want to do the right thing and would love advice from both the legal and the ethical side.Thanks!
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7 January 2023 | 1 reply
I own a house through an LLC which exists solely for this one piece of property. I'd like to get another investor on board for, let's say 50%. How can get another investor on board with full legal protection? Can I se...
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7 January 2023 | 2 replies
I would prefer to own or co-own a multi-family with my parents, but I do not want to ruin my opportunity to get a first time home owner loan rate myself for my house hack in the DMV.