Baxter Richardson
Physician loan to buy rental property?
Anybody ever use or know if it is possible to use a physician loan(low to now down payment) to buy a rental property in California? Have looked briefly online, but only a few lenders appear to offer these in Californ...
Andrea L smith
Getting a buyers cost inflated for rehab costs?
I'm currently looking at a 1 bd 1 ba 524 sq ft. It needs a little TLC but given the size of the house I can't imagine it being more than $20,000 in repairs. I plan on renting the property after the rehab. The purchase...
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates. But there’s another option that’s often overlooked:...
Thomas Sulz
Interest on a Promissory Note?
Hi All,I am looking to fund some RE investments via private financing and had some general questions I was hoping the community could give me some feedback on.Obviously, the terms around a private loan could be struct...
Dan Favor
Well I'm approved for & RD loan in MI.. now what?
So I have done a couple deals in the past and am approved on a R development loan.. ( 100% with up to 6% seller concession,) have a full time job and my LEASE is up the end of May. My plan was to find a deal on a ...
Carol Lam
Foreclosure property - distribution of proceeds
Hi,I found a foreclosure property that I am interested in. Bank is foreclosing on the 1st loan. If I won the bid, does it mean I won't be responsible for 2nd loans? How about if there is an abstract judgment on the...
Philippe Ty
All-In-One Loan for Financing First Investment
Hello BiggerPockets - I am looking to start investing and am currently in my research/education phase of my journey. I recently spoke with a broker whom suggested looking into an Allinone Loan: http://www.aiosim.com/....
Dan Wilson
First House Hack Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $269,000
Cash invested: $5,000
Duplex in Oakwood Ohio
How did you find this deal and how did you n...
Gary Sewart
Purchase/Rehab w Hard Money Loan, Re-fi w DSCR Non-Recourse Loan
I'm planning to invest in my first buy & hold for renting out. My intent is to purchase and rehab it using my Solo 401k, together with a non-recourse loan from a hard money lender (I know several via a local REIA ...
Dan Olin
Buying Property Pre-Foreclosure Stage
Being new at this, I have a question regarding the process of buying a house from a seller who is in the Pre-Foreclosure stage. Once I have a property under contract from a seller, and have the buyer. Buyer aside for ...