Daniel Dietz
Qualifying for FHA, DTI & Partners?
Hello All, I have a few general questions about conventional loans - the lender I am planning on using who was refereed to me by another investor is out of town for a week or so. He IS very 'Investor Friendly' and doe...
Ryan Moore
5 units... 2 parcels... can this be done via 2 conventional loans
I'm looking at a Triplex & duplex packaged deal, they are next to each other, sharing a courtyard, but on 2 different parcels. Can that be broken down into 2 separate conventional loans?
Tom Tran
How do you evaluate interest rate to determine if the deal is worthy?
Hi guys,I am currently evaluating a refinance with a blanket/portfolio loan to cash out for a purchase of a 13 units...I exploring both avenues for loan; 1) conventional loan via WF which quoted around 4.75-5.25% or 2...
Scott Ellis
Loan options for purchasing side-by-side triplexes
I'm looking at a deal involving two triplexes. They're separate parcels, each priced at $139K, but the seller is selling them together for $278K.My wife is in grad school and we're considering this deal for the oppor...
Chris Hamrick
FInancing For Investment Property In Kansas
Hey everyone, we were going with Meritrust with this property of interest. They're now reneging on rates, down payment, and want extra documents (1099's for pension and SS). Anyone can help us out?Purchase price: $139...
Blake Cross
Private lender for down payment
I'm looking for help or advice. My wife and I have 4 short-term rentals in Gatlinburg, TN and are under contract on two more. We have the cash for a 20% down payment for the first one, and initially intended to sell o...
Andrew James
Help deciding on financing first flip - three ideas
I am considering 3 options to finance my first deal below. I would appreciate any and all ideas/feedback from this excellent forum. Thank you.First some specifics on the deal: This is my first deal. Long on resear...
Jordan Wood
HELOC vs personal capital for first 2 properties?
Good morning,
I have been familiar with BP for about a year now, but I thought it was time I jump in here and start becoming a little more active in hopes of accelerating my investment journey. There is such a fine ...
Daniel Dietz
Pros & Cons of Portfolio vs Individual Loans with Seller Financin
Hello,We are working on a possible deal of buying a portfolio of homes and small multi families that have a total about 15 units with a value of about 1.25M. The seller is considering Seller Financing but we are not d...
Tavares L.
Creative Financing Ideas on SFH
Hi BP Team,Please provide any inputs or ideas with the scenario below:Seller wants out of the home to pay down Credit Card and various debt (motivations) Her SFH is currently selling for $204K in the Tacoma, WA area....