Like many investors, I am up against Freddie and Fannie Mac's 4 financed properties guideline. However, in my search, I have managed to find several lenders willing to service more than 4+ properties to include, but ...
The house is paid off.
Investment house. Local bank said they cant provide but can provide a 5 year fixed rate which would start right away which i do not want to do.
What bank can get me a line of credit? I am ...
I am new this RE investing and so I have a question about private lending. I know someone that flip houses in southern CA. They just been told that a property they bided on & lost out on, fell out of escrow. B...
I am in the sale phase of a flip. I’ve had 17 showings but zero offers after seven weeks on the MLS. I have a potential offer but the buyer wants an FHA loan with only 3.5% down. Problem with that is the propert...
I originally posted this in the Lending forum, but after reviewing, I believe it is more appropriate in this space.I own a bare parcel of commercial property in Montana that is unencumbered. I have a buyer that would ...
I am applying for a DSCR loan and am now a renter myself. I’m being asked to provide 12 months of cancelled checks in addition to a lease to prove that I’m renting. Providing a copy of the lease makes sense but havin...
Hey Bigger Pockets Family!
It’s been a while since my last post, but I have been active in implementing my investment strategy. I wanted to make this post to share my story as well as share some insight on where I wa...
Hello! My name is Klesta and I'm brand new to these forums. I have been listening to bigger pockets for 10 short weeks now, but I feel I have learned more here than in any of my years of attending college or the MBA p...
Hi everyone! Newbie to real estate wealth building here...I recently moved to Miami from Madrid (where I got my Masters in Market Research). I'm working as an Insights Strategist during the day, putting in a few hours...