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I read that if you are a mortgage broker- you need a license.
Is this true for fix and flips? and non-conventional loans?
Trying to understand. A little difficult to Google search. Trying to verify some informat...
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Hey everyone I am just starting out and I've been searching for a multi family. But I don't have enough money saved up to put 20% down. Which means I have to pay PMI. Does anyone know away around this? Help would be g...
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Hello BP nation, I am analyzing multifamily properties for my upcoming move back to Florida. I have found a solid property in a peculiar situation that I would like to get some feedback on. There are 4 town homes up f...
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When finding a seller that has agreed to seller financing, Im Wondering how I get the contract drawn up. Are these usually drawn up by an attorney? Where have you found success searching for an attorney and how do I k...
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I am fairly new to the east coast but looking to buy 4plex or more, however being new in investing and in the area, was curious if there is a bank/loan agency that would give loans for multiple states? Any suggestions...
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Hi BPIve never done a cash out refi before, so not sure exactly the process or how to make it work. I get the concepts of it. It seems easy enough. I just got done talking to my bank and a bit surprised at what they...
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I just viewed a potential investment property that's pretty much a turnkey with some minor repairs. However, I got to wondering, can one obtain multiple conventional loans? In other words, if I invest in this proper...
Hi BP! I would like to ask a tax question here since I am a noob and still searching for a cpa :( Scenario:
- Buy a triplex of 1.5m price with 20% down conventional loand
- Loan amount : 1,200,000
- Owner occ...
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Because I'm new to this, I'm sure this question may seem stupid. When buying a house to live in, a financial institution looks at your salary and your expenses. But, how do finance institutions allow people to have...
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Looking to buy my first investment, a small cash flowing SFR. I want to put it in an LLC but my banker (from a large national bank) told me that they don’t allow LLC vesting for confirming loans since Fannie/Freddie w...