Elizabeth Conklin
HELP! HELOC has resulted in drop in my credit score
Looking to all of you (the experts) to find out how I can successfully carry mortages on multiple properties without impacting my credit score. I have one conventional mortage on my STR and just starting drawing on ...
David de Luna
Current commercial multifamily lending rates?
I own a duplex so I'm familiar with the conventional rates, but I'm now looking at multifamily units of 4+. I need to know what the current going rate range is for commercial. I'm looking lately at 6-10 units in the C...
Eric Barnett
Double Close a Short Sale and Marketing One (Texas)
I have a multi under contract with the bank soon to expect the offer (based on seller's agent). I am thinking of working to market this and do a double close since I know I cannot assign. I have set it up where I will...
Elizabeth Schongar
Primary Mortgage for properties 5-10
Hi all, I'm looking into purchasing another primary property using a conventional 30 year with 5% down. This will bring me up to 4 mortgages. The question I have is what do I do for the 5th property? I would like to...
Ethan S.
10% EMD with Fannie Properties? workarounds...
I'm seeing 10% EMD required for cash offers on REO. Thoughts? Properties in my area can be pricey. REO flippers, what strategies do you guys use to get around this?
Brian Beadle
Deed was never recorded by FNMA, How to reconcile this?
Alright ladies and gentleman...
I bought a property in may from auction.com. Auction sent a notary to my home and we went through closing papers and transferred funds. First problem... Since the notary did a remot...
Augustus Bukowski
N 90th - Apartment Development
Investment Info:Large multi-family (5+ units) buy & hold investment.
Purchase price: $145,800 Cash invested: $25,000 Sale price: $2,500,000Buy, Build, Rent, Refinance, Repeat!What made you interested in...
Justin Goulden
Wondering about conventional bank/broker rates
Hello,
I am an investor in Ontario, and my business partner and I are looking to purchase a roughly $2.5M multifamily property in Texas through a syndicated mortgage. This will be our first investment property in the...
Victor Andrade
Due on sale clause - Transferring property to LLC
Hi everyone,I am in the middle of a dilemma, and cannot find anything online or anyone that has gone through the same situation.I have three properties, all in the same state (not the same state I live), I have conven...
Ruth Lyons
Question about foreclosure auctions in Baltimore County
I'm looking for some insight. I went to an auction to observe yesterday. One house I was interested in was bid high by the lender. His bid was clearly at the ARV level even though the home was in foreclosure and neede...