Kyle Forgette
Financing a Foreclosure
Hi all, I'm looking for some help with financing the acquisition and rehab of foreclosed properties in the Hartford County area. If you are a private lender or have a good recommendation for a lender, let's get in tou...
Daniel Kern
Equity Options - HELOC to purchase or payoff or Refi & repeat?
Good Morning BP,I am wondering what everyone's thoughts are when in a good equity position with single family investments? I know there is no one right answer, but I am wondering your thoughts on the best options movi...
Gomez Agou
Can I get a lower downpayment with a house hacking ?
Hello Everyone, I am about to sell my only house in Maryland. I would like of use the equity to buy a multifamily home in the US. I am wondering whether I could still benefit from a 3 percent downpayment for a loan wi...
Dave Elim
25% down required?
Hi all,Got an offer accepted on an income property duplex in Wisconsin for 125k and the lender is asking for a minimum of 25% down. Is this normal? We currently own an ADU that is on our property that we have a HELO...
Helen Kirk
Commercial property purchase "subject to"
Has anyone ever purchased a commercial property using a "subject to" method? This has just fallen in my lap and I'm wondering if it is worth pursuing.I have a lady that owes $275,000.00 on a beautiful little commerci...
Sandesh Shas
Larger Cash rents out of state
Hi,I was almost certain this would have been addressed before but possibly my search skills aren’t great and I couldn’t find straightforward answers.I was wondering what are the different and recommended ways for larg...
Jason Harris
Can anyone tell me about the DSCR Program?
Hello
I'm in Fairview Illinois which is in the St. Louis metro area, and I have been trying to invest in real estate for a while now. I just recently heard about the Debt Coverage Ratio Program and I was wondering i...
Manas M.
How to keep insurance low?
Hey BP Folks,We just closed on our second property in Houston and I am currently shopping for a cheaper insurance option. I was told by my broker that most carriers have moved out of Houston area. I am wondering how ...
Steeve Breton
Should I go with Creative Financing vs. Bank?
Hi All,I may be looking at my first Creative Financing deal. I have an offer accepted in the Boston area for a Mixed Use 4 unit building. I have a couple of commercial lenders willing to work with me. Alternatively,...
Carolyn McBride
5% Down Requirements for New Conventional Multifamily Investing Option
Hi BP,I've applied for the new 5% down multifamily primary residence loan option for a 3-unit property, but keep getting denied at the Automated Underwriting System (AUS) stage. I have good credit (690), 24 months of ...