Alice K.
First Offer, Bidding Wars, and Sweat :)
Hello All,This is just a story of first steps for anyone out there interested in hearing about it from a new person.One thing to note: This is very time consuming if you're really involved in the process as I was. My...
Miles Stanley
Using a personal Line of Credit to purchase then refi out (BRRRR)
I have a long standing relationship with my credit union. I'm in the process of trying to set up multiple avenues of financing in the event i find a deal i can move on it. I do not want to depend on a single source ...
J.R. Gutierrez
House Hack in Denver
I'll preface this by saying this is mostly hypothetical. Unless I found a lender or someone willing to partner with me on this, it's more of a study than anything. So here it is:I found a listing for a Fourplex in Den...
Dan Hoehn
Multi-Family less than 25% Down
Has anyone had luck securing conventional financing for 4 family properties with less than 25% down?If you happen to have a lender contact in St. Louis, please pass it on.Thanks,Dan
Alain Haug
Are we eligible for convenient loan?
Hello BP, and greetings from Switzerland.Simple question, not so easy background:Will we be eligible for a conventional loan (Freddy Fannie)?Background: my wife and I are currently living in Switzerland. She is US cit...
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Olivia Umoren
Student Loans & Mortgage Approval—DTI Issues
Hi Everyone,
My name is Olivia, I’m a 24 year old college grad (Penn State ‘16) and like most of my classmates I have student loans ($45,000). I am trying to prepare myself to purchase a property for househacking in ...
Alex Pelin
POLL: Rent delinquencies, January 2021.
Approximately $9.75B in rent payments were late or unpaid in the US multifamily sector, this month.
What's the percentage of your units that are late/didn't pay rent this month?
Examples:- less than 15%- 10%-25%- 25...
Larissa Pacifico
Hard Money - is it possible to find 0 points and 10-12% interest?
I’m new in RE in US, just bought my first properties, looking for Hard Money partners, I had offers of 1point + 12%, Im in NY. Properties are great, I have experience, money for 20% down payment and rehab, money in th...
Priscilla Z.
Credit Question
I have someone who is trying to qualify for an FHA Loan. He has a credit score of 680, but has 5 credit cards, most of them close to their limit.
He is coming into some money and can pay down some cards, and asked m...