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I have 2 younger resident doctors applying to rent one of my properties for $3k/mo rent. They are planning on opening a practice in the area. Currently both working at local hospital. Should I be scared of $370k stude...
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Can I pay the down payment on an investment property with a home equity line of credit or home equity loan? The mortgage banker I spoke with said we had to have 25%.
Hello,I have this notion ( perhaps erroneous) it may not be a good idea to refinance with the same lender,since more often than not the current lender may not be too motivated to lower the rate for existing customers ...
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I've found a lender in Massachusetts that loans on property #5-10. That's the limit.Does anyone know a lender that lends after #10?
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I own a 55 yr corporation, I want to sell it to a couple of my employees and owner finance. Trying to protect about a 4M loan. My last pay check! I have talked to lawyers, financial advisers, insurance companies an...
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Hello! I'm looking at purchasing my first MFH soon (duplex or triplex) via a conventional loan. I got a quote from a local Minneapolis lender which was 25% down and 5.625% interest rate, no points. Should I keep sh...
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Hi all, I'm a complete real estate novice. Bigger pockets is an awesome resource/community I'd like to be a part of. I couldn't find my answer to this question using the search function.
I own 12 self-...
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Hey all,As a first time homebuyer, I am looking to purchase an investment property/multi family in Suffolk County, New York. Has anyone used LoanDepot as a lender?Thanks!
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Hi, I am currently studying rental properties and often check out the groups on Facebook. I want to really be good at analyzing before jumping into investing. Can someone let me know the formulas of amortization for e...
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I am new to BP and trying to dive into Real Estate. This will be our first Rental hopefully!
My spouse and I offered on a Duplex that we think would cashflow (based on the computations used in BP).
We both just star...