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If you have an FHA loan, does that mean you can get only 3 of the easier to qualify conventional loans, and 6 of the more difficult ones? Or, does that limit only apply to Fannie/Freddie loans? IE, if you had two FH...
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Hi all,I'm working on my acquisition and financing model for my new Houston area based rental properties portfolio. The plan is to purchase the properties with private or hard money, rehab and refinance out of the ini...
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So I just recently purchased my first investment property, and during the process, the mortgage lender was trying to nudge me into getting the loan as a secondary residence (stuff like: "You'll get a lower rate, you c...
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Hello all- Would like a feedback response from the BP community I am contemplating between getting Heloc Versus Conventional loan for a Refi with cashout on Vacation home/ 2nd home. This home was bought for cash and...
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Hello BP, So my situation is that we have grown a rental portfolio and are fairly far past our ten conventional loan limit. Not thinking we'd move, we used all of them. Now we may decide to move. My question is...
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Need Advice. I am looking for one single home to become my primary home and turn into rental in 2-3 years(will be forced to move because I'm in the military). Has anyone used mail outs to find a motivated seller a...
After buying a few properties with my own money and no financing I have only been able to go after the little fish 30-50K range homes. Looking into getting an investor loan through my bank and take the money that I ha...
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So my last deal went bust due both to my banks inability to understand Fannie Mae guidelines in a timely manner and due to the home needing repairs and the city requiring an escrow for repairs of 25% of a contracto...
Looking for a $700K residential 15-30 year loan. I'm self employed and can put down 20-30%. Not looking for headaches from the normal bank loans which I probably can't get anyway. Lost many investment properties in 20...
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Hi everyone!
I will be investing in my first property (duplex or triplex) in the next few months, hopefully around May, in Sacramento CA. I've been working with an agent already and have started to narrow down my cri...