My wife started a new job and one of the benefits is a 30 year fixed loan at 1% with 20 percent down up to 1.5 million. I had her ask if we can purchase a multi-family and we can up to a fourplex and still qualify fo...
If properties double in value every 5 years or appreciate by 8-10% if it's the right area do property values just go up infinitely? If a house in Seattle is worth 2M in 2023 and is only 2000 square feet in a good neig...
Good Morning All! Me and my wife recently purchased a new construction townhouse as our primary residence with a VA loan as she is a veteran of the U.S. Navy. My question is: If we move out after a year or two and ren...
Guys,
I remember reading something about 10% down and no PMI on investment properties. Anyone have any info on this?
Thanks!
I'm curious to see what source types have provided the most value in terms of information/data when determining which market to invest in for multifamily investors of any level. As a new investor, it has become appare...
I'm getting mixed responses from lenders on a cash out refi on a property I own outright in WV. It should appraise for about $75K and I'd like to get $50-60K out of it, 30 year/fixed, Fannie/Freddie. I've been turned ...
I got a solicitation in the mail from Bankers Healthcare Group, claiming this "invite only offer" to select pharmacists. Normally these get trashed without further thought, but I was just curious if this is a known l...
Hi BP Friends!I've got a question regarding the timing of a refinance and purchase and how my credit scores will affect my ability to obtain financing:Background:1. My wife will be a co-applicant in both cases2. I wa...
I own five rental properties and am in the process of doing a cash out refinance on one of them. I own my current residence and do not have a mortgage on it. Do you think it is better to do a cash out refinance on my ...
I understand you can get a mortgage that's backed by the government for up to 10 sfh/residential rentals (each one up to a quadplex).
What financing is available after your first 10 rentals? What's the phrase for ...