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What are the usual lending parameters for a person getting there first property with roughly a 700-730 Credit Score and trying to secure a home 200k or under?
Is there a way to have No money Down or Low money down?
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I have an opportunity to purchase a 3bed 2 bath home for $35k and needs about $15k-$20k in repairs. The ARV is $100k. I have held out on purchasing my own home since I've gotten into real estate. Should I use my first...
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Hello BP community
I'm in the process of buying a duplex in Florida for $350K with 25% down. Lender quoted 3.62% with 2 points for investment conventional loan (non owner occupied).
I Just got a loan estimate which ...
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Hello,I am in contract with an investment property and the under writer is asking for source of deposit on large deposits into my account 3 months ago. The deposit was from loan returned by my own brother that i lent ...
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I am looking to cash out on 3 SFH in Detroit area. I recently purchased them cash and plan on holding for rental income. It seems like some lenders do not lend in Detroit market. Another hurdle is that each SFR is ...
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Hey All! I value your expertise and opinions so I'm hoping you can help me figure out the best way to sell our place in Harrisburg, PA.It's a single family town home- 3 bed/2.5 bath. We have an FHA loan on it and sti...
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Hello Biggerpockets,It has been about 18 months since I purchased my first deal of a duplex that I am currently house hacking. I am looking to do the same process of house hacking a multi-family but on a larger scale ...
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Thought I cleared up a past tax issue over a year ago, but the IRS never did officially release the lien. I heard that some banks will work w you before you get the letter of release. I know that I can get a release i...
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Hi, I have an investment property A where I built a good amount of equity. I want to buy an investment property B using the equity built in property A. Is that legal to use for another property? How does the tax-ded...
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Hey Lenders,I currently own 17 doors in Little rock and surrounding areas and i have about $530k in equity at current market price factoring in the appreciation at a sale price of $1.5 million and the loans are 5/20 a...