Hi! I am looking at my first deal and would love some feedback as I have stumbled onto an odd situation which could have some potential, but seems a little too good to be true. I am a total newbie and need some advice...
Good morning,We (a small LLC) are beginning to aggressively build our small portfolio of single family and multi-family properties in and around the Pittsburgh metro area. These are buy and hold rental properties. T...
Hey BP,I'm on the hunt for my first investment property. Although I own one rental, it was originally our main residence and not intended to be a rental. I am focused on SFRs or small MFRs, particularly in the Winds...
Greetings All,I have a 4 unit building under contract and have called a dozen or so banks all of which are only offering adjustable rate mortgages. I will not be occupying the property. I was under the impression an...
I’m looking at the house that has been foreclosed by the city due to delinquent unpaid taxes. The owner inherited the house from his parents and stopped paying taxes three years ago. Tax auction is coming up and I’m i...
Over the last few days, a couple of local banks told me they "are not currently offering cash-out refinancing on investment properties due to Covid impact concerns". Have any of you heard anything similar?
Very new t...
Is it possible to get a no-money-down constrution loan? I'm looking for about $190,000.
I have already gone through the application process with 3 loan brokers, and none of them have been able to help. They have al...
Hi,Does anyone have any experience with the FHLBANKNY Federal Home Loan Bank - New York rates and how to access?While I have experience with Residential and Investment property mortgages/loans, I have not done any Co...
Can anyone point me in the right direction for a previous blog or literature to gain knowledge on self directed accounts for real estate investing? I don't know the difference between ira or solo. Which would be best...
A few years back I was studying mortgage products and learning what other options are available for debt. One of the things that intrigued me was that ARMs can have payments lowered if you prepay the mortgage. I fou...