So I have access to a VA loan. I am preapproved for up to $350k. My plan was to purchase a single family home or duplex, live in it for a year and while living in it paying 20% equity, after a year refi to a conventio...
As a newer investor I'm wondering why I would want to max out my DTI before applying for a DSCR loan? Are there any pros or cons to this? Or why would a lender recommend this? Just for reference, I have a good amount ...
Even though my unit is considered a condo, it is a 2-story townhome with a basement. I was single 8 years ago when I purchased this home with excellent credit and had more than 50% to put as a down payment (my mor...
So I'm new to REI. I have a relative who I overheard talking about a prior employees mother whose house was filled to the rafters with junk and the didn't live there anymore. I drove by the house and there is trash on...
Hi, I just bought my commercial multifamily in Gainesville in D Neighborhood but It was cash flow day one, I was super excited to go in there and do some brrr. After I did some rehabs on my unit, I listed on Zillow fo...
I have identified multiple 5-unit buildings that I am looking to purchase in the Fall River, MA area. Originally, I was looking for FHA loan, but when I found a 5-unit building within my budget, they told me that FHA ...
I have been involved in real estate for nearly 50 years and have always been very positive about the future. I started at a very young age buying real estate and investing in more and more as decades went by. If I was...
Hello BP folks! My name is Marlon Alonzo Thomas Jr. I live in the Hampton Roads area of Virginia, specifically in Williamsburg. I am 19 years of age, and I have been interested with the idea of finding a mentor and in...
Wow, I'm dealing with Auction.com on one of their real estate wonders and I just have to shake my head. They want me to sign a contract without a legal description! The representative claims most of their deals don...