Hi everyone I hope everyone is having a great day! I am a new investor and looking at a property for a potential birth strategy or Fix and Flip type deal. I would even be not against living in it however I would like ...
What are my options before I contact several banks. I know a personal loan only goes out to 7 years. Are banks willing for longer terms or a actual investment property out to 15 years? The seller is not wing to own...
Hello All:
I'm interested in purchasing my first multi-family property in the Boston area using VA financing. While I'm aware of the basic rules/parameters in place for these loans (i.e 4-unit max, jumbo loan ceiling...
FYI Because I think this will have a larger impact on pricing than the shelter-in-place orders. Not only have interest rates crept up but overall terms like reserves/escrows and debt service coverage have increased bu...
Hi, I’m preparing to execute my first BRRRR venture and am wondering how common it is for individuals to finance the initial property purchase as opposed to using personal cash or a hard money lender (I will use perso...
Hello Bigger Pockets,
I am looking to rehab a duplex in Canton, OH. Currently, the duplex is under owner-financing with the previous owner. I do not want to refinance the property because of the current interest ra...
Hi BP Family!I'd like to buy and hold a triplex or 4plex, but I'm unsure how I'll pay for it. My limited income won't allow me to get a FHA or conventional loan. I do have some cash; about 20% to 40% of my target purc...
Hello, I'm new to BP and really could use some advice on what financing options are available through banks for 4plexes. I have acquired five 4-plexes over the last year through conventional loans. Now that I'm maxe...
GoodMorning,Can anyone tell me what a hard money lenders looks for in their qualification process and how does it differ from a standard/personal loan. Also do I need to have a potential property lined up to borrow fo...
Hi,I'm looking to get some information if there is any financing companies that provide no income verification, and use bank account statements as proof of funds?