The owner-occupied FHA loan offered by the government is one that is extremely useful for new real estate investors to purchase multi-family homes. Recently, I've thought about the possibility of gradually growing my ...
Hi, I am just starting out as a very much so newbie rental property investor! Would anyone here be able to guide me in terms of figuring out whether or not the housing market in New Orleans/Metairie, LA is at its peak...
Hello Fellow BP'ers,I'd like to reach out for advice on a potential deal I have found. I have ran the numbers and it appears that this is a good deal. This is Two Townhomes sold together as a DUPLEX. Each unit is 2 be...
Hey all, have not seen any posts regarding this - thought it might be useful for investors using hard money and those interested in hearing another perspective on the local market. ***Please note. This information is ...
I'm posting this question on behalf of a friend who is trying to buy his next property but is being denied financing some banks / lenders.He purchased 3 properties over the course several years before 2008 in Brooklyn...
Hello Everyone,I'm a new investor looking to purchase my first property. I have heard about FHA loans and wanted to learn more about the pros and cons of it. I understand you get to put down a low down payment and tha...
Hello AllAs you all know for a residential property we provide pre-approval for loan along with the offer. Will that be same for Commercial properties too? Is pre approval letter mandatory? Does commercial lender loo...
As we approach a seasonally slower period for investors and real estate professionals, I thought I'd share some insight into the Oregon Coast Vacation Rental Market; permitting, performance and what to look out for in...
Hi all,I'm fairly new to MF/small apartments and have typically focused on smaller deals, 50 units or less. Recently however, I've been introduced to some much larger deals (100, 160...). I've been told that I may hav...
When it comes to financing investment real estate, a major component is lender options and my best suggestion is research and education.
I entered the mortgage business in 2004, and almost twenty years to the month,...