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At the end of 2019, I closed on two retail spaces in a small mountain skin town ( one houses my boutique - the other is a rental space). I refinanced my personal properties with my small local bank, used owner financi...
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I’ve talked to many lenders, so far I have 3 different versions of about this 10 financed property rule. version 110 financed properties per person as long as one person take the loan on each purchase. Couple can hold...
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After years of dreaming I've finally got up the nerve to pull the trigger in the real estate investment game. I've my first duplex under contract and I'm psyched!Unfortunately, I was just notified by my employer I'm ...
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Hello BP community! I finally managed to sign up after reading through numerous forums on this site. Looking forward to learn more from the wonderful people on here.My partner and I are prospecting a property whose ow...
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I am and have been a member of a large national "Big Box" bank and am in the search for a small credit union. With my current bank it is impersonal and you never speak with the person making the final decision it seem...
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Investment Info:
Single-family residence fix & flip investment in Chicago.
Purchase price: $320,000
Cash invested: $650,000
Sale price: $1,200,000
Contributors:
Bolanle Ogunmakin,
...
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Going through the final R 18-months after purchasing my first property, a duplex in Chattanooga. There were a lot of issues that I won't go into in this post but here are the rough numbers.
PP: $110,000 - current mor...
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I finally started the process and am working with a mortgage broker. With my current income level we are trying to get me a FHA loan for $125k. We tried going through the USDA but due to having been driving a semi onl...
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I believe this to be true with Fannie/Freddie loans however I also think there may be a loop hole. I know that you don't need to wait the 6 months with a portfolio lender but curious on a conventional Fannie or Fredd...
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BiggerPockets Community,This is directed at those of you who are interested in the 203K loan. Done one or more 203K loans? Great! Share a success or horror story!Never done one? Also great! Hopefully my post can get...