Hello, I am 23yrs old & currently saving money to purchase my first rental property using an FHA loan. I have a few years to go but I have been doing research for a few months now and want to be fully prepared bef...
Has anyone ever had experience taking out a Small Business Loan (SBA) for their LLC then using those funds as a down payment for a mortgage to buy a property? This would allow the borrower to avoid using any of their...
Hello BP community,I am looking at deal in my local market that's priced at $425K. This property will need about $75K in rehab and the market rents would increase between 5% and 8% once the rehab is done.I am trying ...
-21 years old
-750 credit score
-Have about $20k to invest-Annual income is only around $25k, might be even less after deductions.-Around 5K student loan debt, no payments due until 6 months after I graduate.
-Have...
BP,I bought my first home a few years ago in Orange County, Ca, and recently sold it. Unfortunately, the company I worked for laid me off recently due to COVID cutbacks. So, my plans have changed.
Currently, I'm cas...
Any tips on how to get banks to loan for an investment property? Bad credit, but can put down a percentage. Any help is greatly appreciated.
Hello All,I was just wondering how I or my LLC would qualify for a Commercial loan on a muti unit property (10 units). I have no idea how this loans work. Thank you...
Im looking for any private lender in nc or does nationwide that would be willing to fund a apartment building rental. Not sure on any prices yet. Im wanting to know if anyone would do a 90-100% LTC with a max 9% inter...
So my situation is interesting at this point. My wife and I are moving from Nashville to Atlanta, and we bought our first house last year. We were planning on living in it for 5 years and renting it out, but that pl...
Currently own 3 properties, 2 of which are rentals, all purchased within 3 years with each having around 200k of equity. Wanting to purchase another property but finding my DTI way above requirements.What can I do? Is...