I'm looking to get started with a few house hacks. I already own one home which is currently a rental purchased with a VA Loan. I would like to do my next two with FHA and a second VA over the course of the next two...
I am interested in 2 investment properties at 58k each. I have a HELOC for 43k @ 4.75% available. 50k in cash. A local lender is currently looking into financing each one with 20% down + 3.5k closing cost each @ 4.6%....
Hi, You probably heard this question many times, but I`m puzzled what should I do. I am working on a loan for a 2-family house in Queens, New York that I`m planning to purchase. After speaking with my mortgage broker,...
What is the best way to find a lender who will give me a conventional mortgage on an investment property with the best terms?
Hey community, I approached a bank today about an FHA loan on a potential property and after talking for a bit he told me they could do a 5% conventional if I was interested. I just wanted to see what you guys thought?
I have a 4 family investment property that has a very high interest rate (7%+) that I have been trying to refinance for the last year or so. Straight refi for a lower rate (no cash out, etc). Given the lower rate envi...
Hello All,I'm looking to purchase my first rental property outside of Philadelphia for around $100k - $150k. I'm wondering what financing works best for this. I have about $90k in equity in my current property. So sho...
Is there any way to partner with someone to purchase a rental using conventional financing? I want to bring in a partner to help support the deal (balance sheet credentials). If I'm looking to buy a single family, dup...
Hello allI'm looking for a bank in the St. Louis and IL area who can finance a free and clear property i own. Conventional loan won't help. I need a bank like a local one, or portfolio lender.Any suggestions?Thanks!
I am new to BP and trying to dive into Real Estate. This will be our first Rental hopefully!
My spouse and I offered on a Duplex that we think would cashflow (based on the computations used in BP).
We both just star...