I currently own a multifamily that I purchased using an FHA loan. How can I obtain another property without having to save for a year or so to meet 6 month reserve requirements and down payment? I unfortunately cannot...
Looking to purchase first rental property.. I have about 50k equity in my primary residence, would you advise using that for the purchase of or down payment of your first property? Why or why not? Thanks
I'm worried about over-leveraging myself on my properties. My wife and I have our primary residence and a rental property (that we have owned for about 4 months). I'm thinking about using $20K of the $80k equity in m...
I've seen several posts lately about the number of 1-4 unit properties one can finance with Fannie Mae and Freddie Mac, and their respective guidelines. While the two GSE's are somewhat similar, it's important to reme...
I am about to sell my personal home, a foreclosure I bought two years ago, for a nice profit. I want to buy some rental properties and I would like to buy another undervalued home to live in and flip again in a fe...
Couple of questions on HELOC in Texas. 1. In Texas can we use HELOC on primary residence to buy investment properties?
2. In Texas, can we use HELOC on investment properties to buy more investment properties? OR som...
Looking for some guidance. I am 26, in a town of approximately 19,000, currently have one duplex as well as my primary residence with a mother-in-law detached apartment that I rent out. For a total of three rental uni...
So I started the year off with 2 goals 1) buy my first laundromat 2) 6 units (originally SFHs was my goal)Ive been studying laundromat business from mid January to now Then 2 things slowed me down very slow refi on 2 ...
A set of two multifamily properties are being liquidated and sold near me and it’s about $2M before any possible discount/negotiations with the owner. They are currently almost entirely rented condo or townhouse style...
Hello all, I need some advice on what my next move should be. I'm located in Cincinnati, OH and already have on paid off rental, a SFH thats worth about 120k. I also have about 60k of equity in my primary residence. I...