Hello Everyone,
Are banks giving investors hassle when trying to obtain financing for multi-family properties less than 6-units?
If so, what are some ways to obtain funding for 2 or 3 unit apartments at a reasonable...
Hello,I have approx. $250K HELOC available (against my primary residence) that I want to use to invest in residential rental property. What is the best strategy to use this? My LLC already owns one fully-paid rental p...
Hello BiggerPockets family! I am new to investing in real estate I’m currently renting my SFH out right now while I do some travel nursing around the country!
I want to get started in Brrrr’ing my first multifamily ...
When I first start 8 years ago I was doing conventional loans. After I burned through 10 of those I started to seek alternatives like commercial banks and LendingOne.
Since then, I have had all my conventional loans ...
Hi all, I'm planning to purchase a new duplex in Colorado Springs with a colleague. It looks like we would be best served to form an LLC for the asset protection. We plan to purchase at least 3 additional multi f...
Hello,
My friend and I are going into business. I've been helping my friend manage her sizable portfolio in the equities markets, and we decided that diversifying into local real estate would be a wise decis...
Hi guys! It's nice to see a panel of such nice people where everyone is looking to help one another!My question is like this: I bought a single family rental a year and a half ago, since it's in a neighborhood where t...
I'm considering buying a primary residence with an FHA loan which means I'd have ~96% LTV. Would that high LTV negatively affect a commercial property loan--meaning would I be required to have have a higher down payme...
This post is a mixed bag so I hope all can chime in with ideas. Here's my overview. I currently have 3 SFR's in our rental pool, the most recent purchase was a Fannie Mae property closed in July paid cash. It is set t...
Hey Everyone!
So I went to be pre-approved for my first investment property, but was denied by 2 lenders because the property would put my DTI too high. I have good credit and enough cash for down payment and closin...