I currently own my personal residence outright, and am looking to purchase a $700k investment property and need a $300k loan. There are two options:1. Take a commercial loan @ ~5% on the investment property2. Do a ca...
So, early October my wife and I purchased our first four unit property. We are house hacking. Two of the four units are occupied by us, mostly so we can renovate them and the other two units are rented out. We’d like ...
Hello, my name is Duane , I am a Real Estate Broker, and I want ti know where do you fund real estate purchases with minor credit issues. I can find the killer deals, I just need funding for them.Duane
Before now, all we have done is house hacking. Now that we have 2 rental units, I'm considering using the rental income from the 2 units as a down payment on a third investment property. Would this expenditure "down p...
My partner and I are evaluating a 2 story commercial space that is zoned Mixed Use. We are considering having Office Space/Retail on the 1st floor and then Apartments on the 2nd floor. What are some options that you h...
Hello All,
I recently completed a refi/cash-out on my multi-unit (4 units) property which I also use as my primary residence [been living in one of the units for several yrs]. At one point during the process of the r...
Hello All,
I recently completed a refi/cash-out on my multi-unit (4 units) property which I also use as my primary residence [been living in one of the units for several yrs]. At one point during the process of the r...
Im about 6 months into my bp learning here. I close on a property this week that i will be house hacking. Purchased at a good price(seller moved outta state got a good deal cash out). and im doing the repairs with my...
Newbie here. Going to look at at potential rental property; 38k for 3.5 acres, 2 bed, 1 bath. Rural area so I’m assuming will rent for 650-750 monthly. I have enough cash for a 25-30% down payment, but an older invest...
Pretend you lost your job..What if any loans are available for an individual with 20% of his purchase price+closings and reserve funds but no W2 income. Pretend you have been a real estate agent for under 2 years so s...