Just curious who everyone is using for those non-owner occupied deals with investors, stated at high LTV's of course. With the market changing so much, I figured this would be a great place for everyone to get some g...
Hello All,Looking for advice regarding lending. I have spent the past 12 months as an independant contractor and wish to finance a project. At one point I was told I could obtain funding (non-conforming was the term t...
We purchased a house with an ARV of 210-215K in Dec for 173K cash. We were originally going to do a rent to own with it. Our son wants to buy it. We would like to sell it to him at our cost plus fold in closing cos...
Hey BP -
I'm looking for some guidance and advice when it comes to seeking out lenders who will accept a 10% down payment for a second home/vacation home where the loan amount happens to be greater than the maximum ...
I think this is the 1st time an insurance inspector has visited my multifamily in the 23 years I've owned it. I live here and use the basement as storage and workshop, and that my biggest concern. I figure I need to h...
Hi guys,Im looking for advise. Im thinking of selling my single family home, which i purchased last year, for a 4 plex. The house was built brandnew last year in a new development. It has 5 rooms; 2 of the rooms are i...
First I want to say that I'm not a lender. The information in this post is based on research that I've done on Google and BiggerPockets to learn about the FHA 203(k) loan. Writing this out helped me internalize the in...
Hello all,I am looking to purchase a home overseas as a holiday home/ air bnb. I own 4 rental properties and my tax returns have quite a bit of write offs resulting in high DTI. Besides that, I have plenty of equity b...
Hi everyone, here is a finance question I have. Hypothetically if I was interested in purchasing a commercial property for $300k and would be my first property, could I take out a home mortgage or would i be forced t...
Hey BP,So I'm looking to do my first deal and I (think) I have settled on a market that looks like it will be solid for buy & hold cash flow investing. The development I'm looking at has what appears to be identic...