Kevin Kim
FHA/203k questions
Hello BP Fam!
I had some questions regarding FHA's and 203k loans.
Is it wrong to assume that I will be approved for a 203k loan if I was approved for an FHA? Also, do FHA's only qualify for turn key properties? An...
Matthew Slaughter
Potential Tri-Plex redevelopment with One Tenant still in Place
Hello BP Community! We have a potential deal in the works that has a business on the first floor and apartment upstairs. Plan is to add two additional units to the bottom floor and remodel the upstairs unit. The on...
Jay Mayer
Digital signatures for lease
I imagine these days digital signatures are allowed for contracts, but are there any guidelines as to what is acceptable or not. If my tenant sends back a lease signed with a digitally made handwritten type of signatu...
Lara N.
Analyzing multi-family properties for possible purchase
Hello everyone,
I'm fairly new to investing in MF properties. I need to learn how to analyze properties to determine their investment potential, etc.
*Can anyone provide some solid, successfully traditional mathmat...
Joseph Cahill
Lender in Baltimore
Hi Everyone,Looking to purchase my first property in Baltimore, Maryland. Turn Key. Does anyone know of any good lenders in the area? Thank you so much!
Kevin Stone
REO foreclosure Reverse Mortgage
I and trying to buy my first property. 2 bedroom duplex in Philadelphia. I found the listing inspected the property and made an offer. The original asking price was 25k I doubled the offer to 50k because of the condit...
Rashad Colton
Debt to income RATIO
Hi, I would like to know how do you guys keep your debt to income ratio low to continue purchasing homes with mortgages? I don't have any debt, i have a decent credit score, 2 businesses and a full time job. What do i...
Milton Rivera
Determining Leverage Levels
Hello BP,I was wondering how do you evaluate/determine your comfort level with regards to leverage. Typical SFH lender guidelines allow for (75-80%) leverage on properties and consider your debt to income ratio. Por...
Chi Ta
90% conventional loan for Investment Non O/O
Hey everyone, I was wondering if there are lenders currently lending at 90% for non owner occupied? Looking for conventional rates, purchase price is 300-350kLooking to purchase 10 properties immediately, at 90%
James Wachob
Brand new homes available in Memphis, TN
We have had a great response to brand new homes as rental properties. My clients from AU to China have decided that a new home is "the way to go!"On paper the homes do not preform as well as the fix and flip homes. Le...