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So I am getting my first house hack using a FHA 203k limited. I am trying to keep some cash in my pocket so I asked my lender to wrap some of the fees into my loan. He tells me that I cant finance the fees and I shoul...
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I am new to real estate. Today I met a lender whole told me that he works with five different companies who are renovation experts. These companies evaluate the cost of repair, provide assessment to lender which helps...
Sellers agreed to sell me the house on contract for 6 months. Their mortgage is roughly $1000, so I offered them $1200/month and put $2000 earnest money down, held by title and returned to me at closing. My contractor...
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Hi all,I'm looking for a contractor to do a second-floor addition on a 60's ranch house. I'm in the Lowell, Massachusetts area. It's my primary residence. I have a construction loan approved already. The original cont...
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As of March 2022, a new addendum was added to the loan approval questionnaire as a result of the Surfside condominium collapse in 2021. The associations must answer questions about structural issues, pending litigati...
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Good afternoon, BP
Been digesting a lot of content on how to find deals, but I'm not grasping the refinancing part of the BRRRR strategy. Can anyone recommend any content (books, podcasts, etc) that REALLY REALLY bre...
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I watched a video with real estate investor Jay Morrison and he stated that the banks will qualify a college graduate for a mortgage based on the income they will make the coming year and a promisory note stating they...
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Hi everyone,Thanks for clicking on my post. I am a newer investor living in the Bronx, NY area. I currently own a single family out in Allentown that is about 80% done in rehab which i will be renting starting next mo...
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Hi everyone! I have an appointment with my bank (Chase) to look at my options for a mortgage to get pre-approved. Before my appointment I wanted some advice on what I should look out for. What not to say, and just bas...
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Hello, I’m planning on taking a first loan so I’m wondering what was your very first multi family loan amount you were qualified for? Could you please include credit score, and down payment as well as loan type so I c...