Hello, I'm looking to purchase my first home and am looking for any input on these types of loans. My plan is to live in the property while doing some small to medium type renovations (upgrade kitchen, put in hardwood...
If a multifamily owner sells a portfolio and then owns only a personal residence, but has cash from sale, will they be a less desirable borrower to lenders? In other words, does owning an unencumbered cash-flowing RE...
Hey guys! A little bit of background, I am looking at my options for a bit down the line (I am in school now), and I am strongly considering a 203k FHA loan to finance a house-hack, so that I can relatively quickly bu...
If one is to go about real estate using a FHA loan specifically the 203k for rehab and purchasing, what will cover the owner-occupied expenses the first year? What happens during the one year period of occupying a mul...
Hello all Milwaukee Bigger Pocket members, I hope the last meet up went well as I was unable to attend.
My attention has recently been focused on a REO property that needs approximately 20k in roofing, gutte...
Did you know that you can build an apartment complex in a warehouse? That’s right, there is a strategy out there where you can have someone build your apartment building in a warehouse that will save you on time and m...
You have probably heard about a magical bill that allows more flexibility in usage for your lot and potentially provides more available housing for California residents looking to rent. That bill, of course, is Senate...
Hey BP need some advice on lending. I have a friend who just completed a BRR and is getting stuck at the Refinance part. He will be shortly leaving a high pay stable job (military pilot) for a low paying (40k/yr) job ...
Hi BP Community, As you head into the New Year and your deal sizes increase you may have questions regarding Freddie/Fannie multi financing. I am here to answer any and all questions. I'm an open book!
Hello Biggerpockets,
Hope all is well and everyone is safe and healthy.
I was doing a cash out refi for a three family at a 75% LTV and overnight they dropped it. Sounds like due to liquidity issues. I am sure many...