Jay Lo
Why having a good relationship with ur local bank doesn't matter
I mean in the sense of helping you you get approved for a loan. We sometimes hear real estate gurus say "have a good relationship with your bank, make sure they know who you are, what you do and they know you by name ...
Keith Vinson
leveraging funds to buy rentals
I have wholesaled enough funds in columbus ohio, now I want to get into the rental part of real estate. whats the best way ? I have an fha loan up to $150k owner occupied 3.5% down, my goal is to own a duplex up to a...
Allen L.
Anyone offer DSCR refi up to 80%?
I have a low dollar SFH at 115K ARV, looking for 80% LTV cash out refi, 3 months seasoning or less, rates range in the 6s to low 7s without buying down points, please DM me.
Nader Hachem
Do 40 year mortgages make more sense for Buy and Hold?
I've been seeing some recent news on 40-year mortgages. I'm not sure if they even apply to investment properties, but i'm going to assume they do. Would this actually make more sense for Investment properties? Especia...
Amir B.
Newbie House Hacking
Hello BP Community,I wanted some feedback and advice from RE investors. I am interested in purchasing a triplex or quadplex outside my county (reason being price). Depending on the price, I might be using an investmen...
Anthony Antonacci
New to Notes - Knowledge Check
Hi Everybody,New to the world of REI and especially the concept of buying notes. Have dove into some reading here the last week or so and wanted to check for understanding on some key concepts and lay out some questio...
Gavin Toomey
Private Money Lending
Hello all! I hope everyone is healthy and well
I am going to be using a family member for some private money to rehab a property I recently purchased. I am wondering if its needed to get an attorney to draft up some...
Adrian Stamer
Non recourse loans available to purchase multi property portfolio
HelloUp to this point I've used local small banks for commercial loans. These are always recourse. I am also aware of Fannie Mae and Freddie Mac loans which have favorable terms including being non recourse but accord...
Jim Francis
Mortgage Interest Deduction Disappearing?
I heard a rumor that there are some people in the Bush administration who are looking to get rid of the deduction on mortgage interest. Is this true? While it seems like it would bring in a ton of extra money to the...
Jenny T.
Stumbled on a single family home with a tenant.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $55,000
Cash invested: $13,750
First Buy & Hold, the toughest part of this deal was the financing. $35K Loan a...