I have been looking for a good local lender in my area and several of the banks are telling me that its 25% down for 2-4 unit properties. Is this bank specific or has the requirement to put down gone up? I've noticed ...
I am new to BP and I am currently looking for my first deal in northern Utah. I am also looking into ways to get the money, so my question: Would you suggest using a hard money lender for my first deal, or only whe...
Greetings all;
My SFH is back on the rental market - in Milw, WI. My last tenants wanted out early and I was happy to let them go (first they 'broke' the tub faucet, then the stove didn't work, then they cla...
Hello BP!
My wife and I are planning on renting the downstairs portion of our house to start our investment journey. To do this we're going to add an additional room and a kitchen area to make it a 2 bed/1 bath. The ...
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Hey guys..Trying to wrap my mind around this.I heard about concept of getting homes with no money about of pocket because you find foreclosures and (I thought the word was) assume their mortgage.The way I heard it was...
What's up BP!
So here's the thing. I'm ridiculously indecisive about choosing which loan/rate to choose for my first multi-unit rental property. Almost to the point where it doesn't make sense to me why I'm beating m...
How would you finance this value add MHP? Here are the details:
-28 lots currently rented, 32 more are cleared with utilities run
-of the 28, 15 are park owned homes, 13 are lot rent only
- The plan is to get the ...
Looking for creative financing for an international purchase. Has anyone every worked with an ex-pat trying to buy in England? Foreign banks will lend with a 25% down payment. After doing research it's a very high bar...
Hello!I am a medical professional from Elizabethtown, KY. I am hoping to invest in E-Town, or possibly elsewhere in Central KY under the right circumstances.I have always tried to live by the old saying “It is wise to...