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Hello all,I'm brand new to BP but have gotten so much already out of the short time I've been a member. I am inspired by the so much support members give to one another. My investment partner and I are in process of p...
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Greetings from N CA.Hope everyone is making deals left and right, collecting lots of money, and spend some to boost the economy. :)Okay, so I just bought a mix used multi-building to use for non-profit purposes. It ...
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Hello BP! Short time reader first time poster. Facts: List REO price $88,900. Cash or conventional. Listed for 65 days (I know it's longer but listing was allowed to expire and then was relisted). Reduced $5,000...
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Hi all. I am in the process of purchasing a triplex with an FHA loan. I started shopping around with a few different lenders on Friday, but only one has gotten back to me with concrete numbers after I submitted a loan...
Hello! I am a first-time poster but I've been reading BiggerPockets for a long time. I am working to purchase my first rental property and I need some advice to calm down my newbie fears.The deal is a 3-unit, multi-fa...
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Hey all,My lender is now telling me the branch manager is getting cold feet about taking my loan because we are moving "too close" to the current home. For background, we have lived in this house for a full year. We w...
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Wondering what everyone's go-to metric is for analyzing the value of a potential investment property?
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Hi, after I've done my due diligence in that particular area I'm interested in, is it advisable to bring in my own appraiser into the picture before buying the property?
Thanks
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I recently learned you are able to use potential income generated in a multifamily home to qualify for an FHA loan,I live in an expensive market so this beneficial for me but I don't know exactly how this works. I'd a...
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Has anyone refinanced using Cross Country Mortgage? What was your experience using them?