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Obtaining private money for a BRRRR is pretty straight forward, but getting the refinance from a bank might be a bit more challenging. Currently, I am working "odd jobs" and certainly have not been employed by the sam...
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Seeking to purchase multiple units within a Condominium Complex. Will a conventional loan or a hard money lender front the capital to purchase multiple units under a single loan?Will a bank allow a single loan for mu...
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My situation: I have a property under a VA loan with 20% equity. I also have second property with a VA loan. I'm thinking about refinancing my first VA property to a conventional loan to restore my eligibilty. My ...
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Hello BP community. This is my first post on BP which means I am newbie to the community. I've actually been a member for about two months now. First off, let me just say that you all are true inspirations and I would...
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I hope you're all having a great week! I wanted to make everyone aware that the conventional loan limits are increasing again in 2019. The SFR limit will be $484,350, 2 units; $620,200, 3 units; $749,650, 4 units; $93...
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Hello fellow BP members
Need help to estimate the downpayment for a conventional loan. I am doing a cash flow analysis that I will be presenting to potential buyers.
I have a house in Houston unde...
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Hello,
We are buying 2 properties, $75000 and $80000. The closing costs (around 2000 for each property) and interest rates (not to the mention the paperwork) have us considering using our HELOC (that is on our pr...
Once I purchase a property that includes PMI, what is the minimum period of time I have to wait before I can get a new appraisal and get bank to drop PMI? I'm assuming I need approximately 80% LTV
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Hello, my name is Tara. I am at the beginning of my real estate journey. I am currently looking for ppl to network with within the Las Vegas area. I am interested in BRRRRs and house hacking, however, I wouldn't mind ...
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Oakwood Ave, Eastpointe, MI Price: 79K Rent: Listed at 900-950 20% DW: 15,800Now Im trying to figure the out of pocket cost, conventional financing numbers, and the annual return on investment. Can someone please help...