I have been searching for investment opportunities for a few months now and had zero luck. The single family properties that look reasonable for a flip or flip and hold are snatched up for a lot higher than what my n...
Just starting out and spoke with a mortgage broker in Dallas, TX. He told me you cannot get conventional financing on an investment property for loans under $70K (which puts minimum purchase price at about $90K). I'm ...
I’ve been listening to the podcasts and I’ve heard many people state they got started by house hacking a small multifamily, usually a duplex. In most scenarios the unit they rent out pays the mortgage or reduces thei...
I have about $250-$300k to use as a down-payment that I'll be 1031ing out of a property into the new one. My question is, what market and with what product will my money go the furthest? MF building? Mobile home park?...
I have a person trying to sell 10 homes, pretty much his whole portfolio. I would like to buy the homes unfortunately I dont have that type of money. How do I go about borrowing money to buy the homes and then getting...
Not sure what section to put this in. Anyways, I have 37,000 left owed on my 10acres and home, which just appraised at 83,000. My interest rate is 6% adjustable to 14%. I would like to refinance the 37,000 with a fixe...
I made a mistake!My wife and I recently purchased our first small multifamily property which is our 5th rental real estate purchase in the past four years. The property seemed to match all of our criteria and gross r...
Hi, I'm approved for up to 450,000 dollars by the bank FHA loan. Looking for small multifamily. Any info? I can't find anything at this time. Thanks
So I was recently in search of a HML to fund a fix n flip that I came across. Most HML said I needed to brinf X amount of dollars to the table...or I not so great stipulations to fund 80-100% of the deal rehab cost in...
Hi everyone, I need your help!I am an Anesthesia provider and earn a great salary, have a 750+ credit score and low debt to income ratio. However, I am still having a hard time with financing because I switched from ...