Hello,I am 24 years of age and I currently been thinking about my first rental property and I'm going through my options.I work full-time as a Leasing and Marketing associate and my gross income is around 50K a year, ...
Investment Info:
Single-family residence buy & hold investment in Baltimore.
Purchase price: $133,000
Cash invested: $75,000
Leverage conventional financing to acquire. Used HELOC on primary for ...
I was speaking with a lender that was doing a preapproval for me and he said for conventional duplexes 20% are always required even owner-occupied is there anyone that can shed light to this?
I was speaking with a lender that was doing a preapproval for me and he said for conventional duplexes 20% are always required even owner-occupied is there anyone that can shed light to this?
Hi Yall, my husband and I are wanting to build our investment portfolio. Which is the better route to take? Conventional or Commercial? We have cash to put down for both. We were told commercial loans reduce the liabi...
Hey, bp community! I have a question about conventional loans. When applying for a loan, do I have to be very specific about the area I want to invest in? Such as zip code? Or once I am approved would I be able to mak...
Long time BP podcast listener, new to forum, apologies in advance for being a newbie and long worded. Any help would be appreciated in advance. I purchased my home 3 years ago from Fannie with a VA loan in Worcester...
Hello, This is my first post and have been reading a lot and appreciate everyone's advice. I own a duplex that is worth about $500k, and owe about $220k. It currently has a 3.25% 30 year fixed rate with about 23 years...
Hi Bigger Pockets, I own two duplexes (both were purchased in an LLC). I have managed to fully pay down the original loans and both properties are now debt free. I want to leverage the equity to purchase additional ...
My father-in-law and I own a duplex rental property that we have a commercial loan on with our LLC. We are pretty green with understanding all the in's and out's of rental properties, but we are educating ourselves. W...