DeWitt Gibson
Fannie Mae tightens lending standards on Investment Homes
We have been discussing this at my office all day. I don't know much as this point, but here's what I know: "Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the governmen...
Isaac Hayes
Pledging Brokerage Account vs. Using Cash for Downpayment
I am planning on buying a 4-plex in Colombus, Ohio in December. I currently have funds for a 25% downpayment in a brokerage account invested in low cost index funds. My initial thought was to liquidate the brokerage a...
Vinnie Da silva
USDA - The 0% Down payment Loan Program
Considering that 92% of the United States land mass is USDA-eligible. More people should be taking advantage of the USDA program.USDA > Is a Rural development loan program that offers a 0% down payment and low rate...
Stephen B.
Refinance 6-unit property
I am currently under contract for 3-duplexes on one plot of land. My financing fell through and I am in a scramble to find financing before closing. The purchase price is $124k and I can put up to 40% down and local b...
William Watson
Nothing to do with real estate.
Hello BP, Is their anyone that is familiar with mutual funds? I have a Roth IRA and the mutual funds that I'm using is losing me money. Is their anyone that can direct me in the right direction on which mutual fund or...
Tony Henderson
I need advice on getting started with the right financing.
I'm new to investing. I've been educating myself for a year and I am ready to do my first deal but raising capital seems to still be the obstacle. I would like to by a single-family residence to begin with and rent it...
Rene Hosman
Do you put extra money toward principle or invest that money elsewhere?
I've had a conundrum the last few years since I bought my first primary residence, I was lucky to get a good interest rate <5% When I purchased this property I was very green and new to real estate but I had heard ...
Mary Pastoral
Which financing to choose
Hi BP community, which one would you advise to be the next move for financing of next investment property, given the following options:
1. Get a business line of credit for a single family home owned under our LLC. ...
Yoni Meth
Just getting started from far away :)
Hello Everyone :)My name is Yoni, and I'm currently living outside the US - in Israel :) so I'll need to do a lot of work remotely...I have a background in investing in index funds, and also have one apartment in Isra...
Esteban Perez
Los Angeles
With property being so costly in the metro area, how is it even possible to acquire the first deal that has a positive cash flow with limited start up funds.