Hi everyone,I am a newbie from Texas. I would greatly appreciate any expert advise!I am planning to purchase my first rental property with a partner. We would like to register a LLC. However, I heard that at the begin...
I want to try to secure an FHA Loan for a house hack, multi unit home in Chicago. Ideally a 3 flat, with at least 3 units, but 4 would be better for cash flow, obviously. These are not cheap.I made really good incom...
I'm currently looking for a local Pensacola, FL mortgage broker to work with. Specifically someone very familiar with the VA loan process and even better if they have experience lending to investors regularly. Thanks ...
Hi everyone,I’m new to investing and I am also a veteran. I was considering using a VA loan to buy my first rental property due to the no down payment needed. Is this a good idea? Any input would be helpful. Thanks!
Hello BP,I recently upgraded to BiggerPockets Pro and I'm ready to get off the sidelines. I'm ready to pursue my first rental property in the form of a multi-family house hack. I've done my research on FHA loans and I...
Does anyone have a great lender they've worked with recently? PP would be around 2M and primarily POH and the age of the homes is currently unknown. Just did a deal with Vanderbilt and wasn't too impressed, so I would...
So 1 of my referrals, who is a banker, is looking for a non traditional lender who can financed a borrower with a not-so-great credit scores. So, I'm thinking of being the bank, and the collateral would be the propert...
Investment Info:
Single-family residence buy & hold investment in Chicago.
Purchase price: $75,000
Cash invested: $25,000
Bought the house in ok conditions.
I fixed the garage, added a bathroom i...
Hello fellow BP investors, I am a new investor and I am in the process of getting a loan to start a buy and hold portfolio for vacation rentals in Honolulu HI, besides the investment goal I came across a private lende...
Is it as simple as as the borrower (obviously) you'd negotiate for interest later and as the note/mortgage holder the converse, interest first? Or is there more to these types of terms?