I am trying to shop for a loan to cash-out refinance my 4-unit investment property with a $1.1M traditional Fannie/Freddie loan and I'm in a "high cost" area (appraisal will be at ~$1.6M). I just got quoted a crazy ra...
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As everyone knows the cost of rehabbing a property continues to rise, lumber being the biggest factor in that. In the south philly market your typical full gut used to run roughly 80k for a standard 1000 sqft row. Wit...
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Hello everyone, thought I'd give a shout out to all the members. I've decided to take the leap from my small fish bowl in Duluth Mn and dive into the giant aquarium of Bigger Pockets. Looking to network with active in...
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I am being told by a few financing companies that I need an entity (like an LLC) in order get a Bridge loan of fix and flip loan. (I currently have properties in my own name with conventional mortgages). Has anyone an...
Wondering if my husband and I should ask for more than a one year lease for our duplex...both units are now occupied... for a 1 year lease...but should we ask for a 2 year lease instead?Thank youVictoria
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Hi all,Just getting started with BP and it’s a pleasure to meet everyone! I’m a newbie to the real estate investing game, but have owned & rented 3 units in the Reno, NV area over the last 8 years. I’m a father of...
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I’m new to real estate investing and looking for input. My goal is to diversify with an investment that generates steady cash flow, even if it requires a larger upfront investment and lower overall returns.
I’m base...
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Our insurer for an urban, commercial multifamily inspected our property and sent a cancellation notice pending correction of a laundry list of BS, including a sidewalk with a 1" max lip and Virginia Creeper on the sid...
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How do people get 30 yrs fix loans on investment properties? the banks I have talked to only do ARM for investment loans.
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Does anyone know about how a master lease option would affect an FHA loan in the state of Tennessee? Or has someone done a master lease option on a single-family home in the state of TN and has any tips on ways to go...