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When getting a mortgage, there are several more highly leveraged (low down payment / equity) loan products for owner occupied property. Do cash-out refinances have similar benefits (more leverage) when owner occupied?...
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Hello All,Wondering if anyone knows of any programs for refinancing a two unit commercial property that my company has owned free and clear for roughly 4 months. One tenant has been in place for several years and the...
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Hey everyone, curious to see what people say when it comes to refinancing an owner finance deal into a conventional loan. 1. Is it possible?2. If so, when do you refinace?3. Do you include the option to refince when p...
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Currently have a property under contract in the Portage Park neighborhood of Chicago. I am doing a Homestyle 203k rehab loan, leveraging my existing owner occupied 2 unit (HELOC), for the down payment on the 203K loa...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $240,000
Cash invested: $60,000
I purchased this duplex in distressed condition using owner financing for $2...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Moscow.
Purchase price: $50,000
Cash invested: $50,000
We Bought a duplex in Moscow for 50,000$. I had two partners we all...
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Hello BP family, I am about a month into Real Estate Investing. After a few months of research and listening to numerous podcasts, I “drove for dollars” yesterday . There are few properties that I like that are set to...
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Any suggestions on a local bank that offers portfolio loans? I have seen some recommend Southstar and that might be a great option but they don't have a San Antonio branch so making the initial deposit to open the b...
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My plan is to borrow money from family to buy a condo with cash that I intend to rent out longterm. That way I'd get a leg up on other offers and better price (the condo community I'm looking to buy in is pretty comp...
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I went to look at a property and couldn't get financing through my current bank. I went and explained to the owner what was going on. (The owner flipped the house, if that matters).
Owner emailed back a day or so la...