Hello fellow investors!!
I from Missouri and I live with my mother while starting to invest in real estate. I have one rental property. It has been tough trying to refinance this property the companies do not...
HI guys,I have enough money to buy 1 home out right, But I know it makes a better investment if I use that money to buy 3 with a conventional loan instead.My problem , is that I already have 5 mortgage loans under my ...
I've been browsing for a while to try to figure out what are typical down payment and interest rates for loans as you increase the number of loans in your portfolio and I still can't get a good grasp on it. These lim...
BP,I'm located in Knoxville TN and I've found this off-market triplex deal that I'm looking to takedown and self-manage. It needs approximately $50k in rehab. (see below report)I have $40k in my bank for reserves, s...
Hello All,I was looking through the forums and did not see any post matching the information for which I am searching--I apologize if this topic has already been covered and I just overlooked it. And thank you in adva...
I understand that it starts getting difficult after 4 conventional mortgages, and you’re capped at 10. Stupid question - does this include/apply to refinancing as well?
Hello all,I am a homeowner looking to supplement my income by purchasing a second home, preferably a duplex, and renting it out. The only problem is I only have $15K saved. I am looking to purchase properties in the 5...
im stuck on 3rd R of BRRRR.i bought triplex financed my downpayment and used total $45k to fix up now cant afford to refi cash out to repeat cause need 2-3 months of reserves ie $3500-4500 in personal not dba account....
Last year I switched from the fix & flip method to buy & hold (specifically the BRRRR method thanks to the Bigger Pockets Podcast). I am now up to 5 rentals but most lenders are telling me that I will have iss...
I have 8 financed properties and fall within that difficult band of 7-10 financed properties with Fannie Mae that require 6% reserves of the unpaid principle balance. The reserve requirement has become prohibitive of...