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Hello BP Community,I got a MFH loan for $400,000 with my personal bank (Wells Fargo) back in June. It doesn't expire until October. The interest rate is 3.625%. WF has high lender fees and the interest rate could be b...
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Hi all,I just finished reading Brandon's book on rental property investing (Awesome book btw).I'm pretty new to this whole real estate investing thing and was wondering if anyone would be able to help answer a few que...
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Hello,I'm a Canadian investor (beginner) with 2 properties in Florida. As a Canadian investor I've been limited to working with some banks that take into consideration my Canadian financial history such as TD Bank. Un...
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Is it true that we can't get FHA and conventional loans on distressed properties? I wanted to buy a property to BRRRR, but somebody in the real estate community told me this doesn't work for FHA and conventional loans...
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Recently we sold our home in a suburb of Minneapolis for full list in one day. The house we found was in a desirable neigborhood and was listed for 280k paying my closing costs. Our offer came with a contigency to s...
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Good evening, Has anybody taken investment property from a Hard Money Lender too Conventional? My Conventional Lender is stating that 15-20% will be needed do to the amount stated on the form.Thanks Mark
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Hello,I'm just starting out and am in Tennessee. My sister up in Michigan just put her house on the market two days ago. It was listed for 139, they have an offer of 130 already which is what they actually wanted. Sup...
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Is there any information already on BP about using conventional mortgages to cover the purchase and rehab of investment properties? if this is even possible..
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So i finally feel confident enough to jump into the world of investment and this happens. I went to my local credit union to apply for a mortgage. i told him that this was going to be my primary residence and possibly...
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I have property under contract, but my end buyer is a conventional buy and was told by lender it's not possible to pull this off due to name on title, being sold from a Wholesalers does not work. MUST come property ow...