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BP family -I am a rookie investor looking for some creative ways to finance a deal. Does anyone have any experience with 203K or Homestyle loans? Sounds like the only heavy con is the drawing schedule for contractor...
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I'm looking to purchase a 2-4 flat in which I intend to live in as my primary residence. At some point in the future, I expect y family to grow (from 3 to 4) and living in one of the units may no longer be feasible. ...
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Hey everyone! I just closed on my first property literally today. Super excited but now I'm a little confused. I want to make sure I get all the tax benefits from the property, so I want to make sure I track my expens...
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I've been in a long haul on a smaller multi-family rehab and watched the rates almost double. I still have a 1.2 DSCR as it was a strong buy but am finishing with very little monies in the pocket. I will have $350K+ i...
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Hi guys, I'm working on a deal that's quite a bit larger than I would normally consider, it's a multi-home opportunity, and I want to submit an offer letter, I however can't list all of the addresses or submit them i...
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I’m brand new to REI and was curious how some of you had gotten your first multi family property. I have great credit, have owned my own construction company for a few years (landscape), and am in the process of getti...
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Got about $10k, and in a few months gonna have $15k. But is that enough to start out in the bay area? Housing is high over in this market, but anything is possible. Looking to house hack! Any advice?
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Looking for a strategy to purchase a triplex with a low money down FHA loan but currently in an FHA product in my primary residence.Is this possible? My first thought is to move my home into a separate entity to clear...
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Hello,I am planning on buying a 4plex property in the Bay Area using the 3.5% FHA loan on Jan 30th 2020. When I look for cash flowing properties, however, none of them have enough rent income to cover the debt service...
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Looking for general information or advice on using DSCR Loans as a cash out refinancing. If you have used this option before or are a lender who has helped clients with this type of product please comment. I am look...