Hi All,I'll be purchasing my first duplex in Minneapolis in a couple of weeks and have a banking question for everyone. I currently bank with one of the large, national banks (not going to name names, but it is one th...
Hello Everyone!I'm a new member but not new to real estate and I'm glad to finally be a part of an online community to share insights and exchange information. I was curious if anyone here knows or has good luck wi...
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?
I was wondering if anyone had some good recommendations on where to learn a little more about refinancing or even just financing small apartments. These are all over 5 units but under 20 units. I believe you need to...
Hello BP FHA loan experts,
I believe there is a relocation exception to the rule of only having one FHA loan at a time, is this true? I bought a small multi in Oregon using an FHA loan in March. I quickly upgraded o...
I am looking for some guidance on how to proceed with a subprime second mortgage from 2006. After the loan was deemed illegal my parents have had every payment deferred. The mortgage company “greenpoint mortgage” was ...
Hi BP!Question for the community...I currently live in a SFH with an FHA on it. I am looking to house hack a 2-4 unit where I would live in a unit, rent the others, and turn my current residence (the SFH) into a renta...
Hi guys,
I wanted to ask if anyone had any advice on forming an LLC in Louisiana? I have a rental property that I want to put under the LLC and need advice and recommendations on lawyers who are very helpful with thi...
Does anyone here use a credit union instead of a bank? I've been liking the advantages credit unions offer, but I want to know what everyone else thinks.
Investment Info:
Condo buy & hold investment.
Purchase price: $155,000
Cash invested: $185,000
My partner had experience in Sheriff's sales in the past so we heard about a beach condo up for sa...