Blair Boan
One duplex or two SFR?
Simple question that has been nagging at me. Im sure there are multiple caveats to the question but I will try and keep it simple. Why do most investors say that the money is in multi family?Example:I have an opport...
Jason C.
Rental Dwelling Insurance
I wanted to see if anyone can provide feedback on Rental Dwelling insurance. I currently use Statefarm and my premium just went up from $450 a year to $500 for the year. Now I know this isn't a big jump in cost on a d...
Mike Chern
Anyone tried CashCall investor common sense loans ?
I am wondering if this can be a solution for investors with more than 10 investment properties.They claim that "The property’s cash flow may be utilized for investment properties in lieu of conventional methods". I am...
Anthony Kondor
How can I get the downpayment
How can I get the down-payment to buy an apartment building? I need 20,000 as a down payment to buy the building. The price of the building is 120,000. is there any finance companies that can lend money in Illinois.
Dave Rav
Banks using the pandemic to prevent access to $$
Hey Group. I have noticed some of the larger banks (B of A) are *still* hosting limited lobby hours and business hours. They cite "CDC guidelines" as their reason for this. I have visited multiple B of A branches, ...
Jake Booher
Tenants Pay Utilities
I am looking to offer on a multi family property. Currently the owner pays electric for each unit (10 total). Each unit is separately metered and I would like to get them to pay for electric themselves. Looking for ad...
Javier Vía Reque
3% Down Payment, is there a Maximum Income to qualify?
BiggerPockets, this is the first post I make in the community. I am purchasing my first Property, it will be my Primary Home. I have been offered a 3% Down payment from a third party lending company. I also went to Ch...
Chad C.
Are these good terms for a HELOC?
I was offered a 4.5 variable rate, closing cost of around $300. The way it is amortized is a little different. If it's under 5k it's amoritized 5 years. 5 to 10k 10 years, and over 15k, 15 years. This seems like a pre...
Andrew Adame
Help with HELOC amount
In the final stages of narrowing down a bank to open a HELOC with for creative financing, looking for advice on the amount
I have heard “get the max”, which would be 80%/340k from most banks @ Prime+ .50-1% however
...
Anurag D.
Procure investment loans (Individual) with high DTI ratio
Hello Everyone,
I am exploring strategies on investment properties on how to procure more mortgage loan, but with higher DTI.
1. How to attain mortgage loans with higher DTI, and normal interest rates.
2. Are the...