Hi, I am a newbie in Orlando, I've only on the BP site for a couple of weeks and I'm trying to learn as much as possible before diving into my first deal. I'm trying to figure out the best financing options for me for...
suggestions needed for finding cashout refi finance on one of 6 leveraged rentals. is conventional available for this problem? what other options.
Hey all,I am looking to buy and move into a 2nd property (my first SFH will be turned into a rental). I am looking at some local brokers/banks and can get around 4% for a 30 yr conventional 5% downpayment. I am seeing...
What’s everyone doing with their equity in their current rental houses and these high interest rates?I have 2 rental houses has some appreciation.if the banks would loan up to 70% of the current value I estimate I’d h...
Looking to start my first solo deal which will likely be a live-in rehab + roommate then sell or preferably rent. (Few to no multifamily in target area)
Basically, I have 2 issues at the moment.
Issue #1 - worki...
I understand that it starts getting difficult after 4 conventional mortgages, and you’re capped at 10. Stupid question - does this include/apply to refinancing as well?
Fannie Mae and Freddie Mac offer mortgage relief to homeowners impacted by natural disasters, including those with second homes in areas like North Carolina and Florida. If your second home is located in a federally d...
This has probably been asked a lot, but I searched and could not find the answer. We have been in our current primary residence for nine years now and have an FHA loan. We are looking into a 4-unit rental property. ...
Hi biggerpockets,Looking for some advice here. I purchased this home subject-to this past summer. The mortgage was pretty far behind, but even so it was a pretty decent deal at the time. Since it didn't make sense t...
Hi Everyone -I am trying to locate a mortgage company that will count rental income toward my income when I am being approved for a mortgage. My situation is unique so I'm seeking some specialized advise.Details :
Pr...