Nathan Yee
Refinancing an FHA loan: MIP removed + Cash-out Benefit?
Hello BP Community, I'm considering the loan type I want to use for the purchase of my first property. The FHA 203K looks to be the front runner. With a future buy and hold exit strategy in mind, can you cash-out refi...
Ryan Baxley
Alternative Financing in the New Year
Seller financing: it’s something you’ve likely never heard about. However, many people are turning to this useful tactic when acquiring a home either for themselves/their family, or as rental property. So, what is sel...
Sean Morrison
Proposed offer - do my number make sense?
I'm looking at making an offer on a FSBO SFH in Louisiana. I'm estimating rent to be about $1100. The expenses are:Insurance (including flood) = $225Taxes = $140Maintenance and Capex = $110Vacancy = $110Management = $...
Adriana Balley
Rental Loans no income verification???
Hello-Can someone recommend a company that would lend a mortgage on a rental property based on what the property makes every month. I came across finance of america commercial but i want to see if there are more compa...
Ceasar Abreu
Best option to pull out equity from home?
Hey Everyone,
I bought my first 3 Family Home (Multi Family) back in December of 2021 in RI. Took me just about 2 years to finish renovating the 3rd and 2nd floor. I did all the work myself pretty much which is why i...
Alexander Magana
advise on how to get a mortgage to buy and flip
looking for advice. I visited 4 different banks today and ask about a mortgage to buy and flip, I was told I have to have a 15% downpayment. what can I do? any advice? thanks guys.
Austin Nieves
Stuck - Two 4-plex rentals in Tucson, AZ
My partners and I bought two 4-plex properties in Tucson, AZ three years ago for $375k. They have been good cash flowing properties but the repairs have been more than we anticipated especially for our first investmen...
Chris Michel
FHA Loan Questions: what are the fees?
Greetings, I am new to the real estate realm and currently working on my pre-approval. I've been working with a mortgage broker but I'm unsure if he's being 100% honest with me, based on the information he is giving m...
Ronald H.
Checking recorded docs and calculating mortgage balances
When I go to the Deeds website for my area and I open the prospective owner's recorded Mortgages I cannot find any information regarding the Annual Interest Rate or APR. Does anyone know why this is? Salemdeeds.com ...
Pawel Bronski
Investment / Rental mortgage
Hey BP community. I’m new to this forum and newbie investor. Welcome all.
I got my first rehab duplex this year and all worked out well.
Right now, I’m looking to buy turn key duplex for approximately $100k and to...