Brent Sevedge
Realtor representing Buyer: Four-plex FHA Loan
I am a Realtor representing a buyer wanting to purchase a Four-plex to live in and rent out the other three units. With the amount of knowledge this community of real estate enthusiasts has to offer, I was hoping to g...
Kundan Chand
renter complaining about cleanliness
Hi
I am 1st time landlord and chose to manage my home personally. We had signed a lease agreement with our renter which included deep cleaning of the home before they moved in. However the cleaner I hired did not do...
Kalen Smith
Duplex & Triplex down payment minimums (primary residency)
Hi,I'm looking to buy my first property, a duplex or triplex as a primary residence. I'm shopping around for conventional lenders and am being told different percentages for a minimum down payment on a conventional lo...
Davonta Williams
School or brokerage?
I’m planning to get my real estate license but I don’t if I should get through a real estate school or a brokerage and why ?
Leo Maldonado
OPM to buy an off market deal
Hi Everyone!I am a current multifamily investor doing it the old school way. (ie. Saving income for a downpayment)Now I think ive come across a nice 2% deal that i'd like to take a look at from a local wholesaler. It'...
David Ley
Buying my 3rd Owner/Occupied property
My 1st duplex I had purchased with a Conventional loan, then my 2nd duplex I had purchased with an FHA loan (both Owner/Occupied, just over 12 months in between). I will be looking for my 3rd duplex about eight month...
Thomas Wang
DSRC Loan Costs Feedback
Do you think 4% fixed interest rate for 30 years with 5 year prepayment penalty for a 4-plex purchase is pretty decent? I am putting down 25% as a self-employed buyer and this is non qm loan. This loan comes with 2% p...
Sarah Humbargar
New Accessory Dwelling Unit (ADU granny flat) in Colorado Springs
Does anyone have experience with building a new unit on an R2 zoned property in Colorado Springs under the new ADU code? Anyone worked with Colorado Springs Utilities on connecting a new ADU? We are considering addin...
Dan Gongora
which unit is A and which is B?
Good morning BP community,
I have a silly question. Does anyone know if there is a standard for identifying which unit is A or B? I have a two unit, an upper unit and lower unit. The utility company wants to know whic...
Ade Wilson
What’s the highest DTI banks will allow on HELOC
I’m thinking about taking out a Heloc on my primary property. I have over 600k in equity and want to invest in some rental properties with the funds. Anyone know the max DTI banks will allow for Heloc right now? I’m ...