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Hey BP,My father has agreed with being on board with helping me purchase my first rental property. At this time, it seems like he is only comfortable with putting down $20,000 on this investment.We plan on finding a p...
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Hello, I've been a broker for a couple of years now but only use it to drive my flipping business. Im always looking for new opportunities. Lately ive been wanting to learn more about developing and building residenti...
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I am trying to understand the procedure for qualifying income ratios for Fannie mortgages. Investor or owner occupied.How do they count rental income from new purchase? I understand for existing rental properties the...
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Hey All,To keep a long story short, found an investment property that I really believe in. It's off market, but in it's current condition, can't believe the owner is that connected to it (appearance is very bad, from ...
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Hello, How does one go about learning lender requirements for apartment building financing, prior to getting an apartment building under contract? Is there a section, that I'm missing on BP, for commercial lenders?
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I found a deal but it's way more house than I was looking for. It's an apartment building that looks like it will cash flow very well and I would like to get it under contract but I have never bought a commercial prop...
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Hi All,I have seen news about a few Banks are failed due to interest rate hikes.Can someone explain how interest rate hike affects the bank?What is the reason for SVB, the first Republic, to fail? Trying to understand...
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Hello esteemed forum members,
I come to you today seeking your collective wisdom and expertise in a quest to locate a seller of a remarkable $100 million real estate portfolio, exclusively comprising single-family ho...
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BP peeps! I need help. I need to sell my FIRST FLIP, which is located in Belton, SC, but there are a couple of neighbors who yell, and scream, and have unruly children and a big dog that has scared away all prospect...
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Hello, friends! As a Real Estate Broker of 33 years, I get lots of emails about loans, finance, deals, etc. But this one is SPECIAL, so I thought that I would share this with you. This group, MCF Mortgage, will financ...