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Hello all,I have a short-term summer rental in VB with carpet upstairs (light tan) and engineered hardwood downstairs. I didn't pick the carpet as it was a new construction home (primary residence) prior to it being a...
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Hello BP Community,For all you Buy and Hold experts out there, would/do you ever buy a property with an existing tenant? Please state why or why not? If "yes", how do you handle it? Do you have to honor the existing l...
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Are there still licensed portfolio lenders in FL that are experts in the residential multifamily zoned property space? What I mean by that is someone who can do:-low down (<5%)-low interest, 30 yr fixed-no MI (ide...
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I'm wondering if anyone has had to give a personal guarantee on their existing debt in order to obtain more financing?
I currently have (1) FHA mortgage, (3) Freddie conforming mortgages and (5) portfolio loans thr...
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When evaluating a property with existing tenants, what are the questions you need to ask?I've been told by the listing agent these tenants are there month-to-month. Not sure how long, cumulatively, they've been at the...
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I currently have an active FHA loan but was wondering if I would be able to get Homeready or Home Possible loan in addition? Information about this seems to be scarce online. Any details would be appreciated!
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Just like the Chupacabra, I'm hoping someone can verify that the following exists:
Will a bank offer "seller/private financing" on Multi-Family REO product, like 100+ unit apartment complexes?
Are banks pressured to...
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Hello, I am a preforeclosure investor. In the past one of my main incentives to convince owners to sell to me through short sale was that government funded programs were in place that would give the qualified homeowne...
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Hi Bigger Pockets community! I found a great priced duplex in CA with existing tenants paying $750 for each unit when according to the BP rent estimator I can rent out each for $1225. My question is, I put an offer to...
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[This is my first ppost but I have been lurking here consuming as much info as I can.]I am planning to buy a condo in a high-rise building in NJ. The unit has a tentant whose lease expires end-of-June. I m getting a l...