When getting a loan for real estate can you have the closing cost included?
I plan on using both a substantial HELOC as well as a commercial loan (likely Freddie Mac or Fannie Mae) to purchase a multifamily. Ballpark, I'm looking at the following:$4.5M = Purchase PriceFunded with:$1.5M = Cas...
I've been trying to get a fix and flip loan where I can get the rehab portion upfront along with the purchase but all I've been able to find is the kind where the rehab is reimbursed after repairs. This is just my 3r...
I hope this message finds you well. I am reaching out for advice regarding a significant decision I am considering, and I would greatly appreciate your insights and guidance.For the past seven years, I have been leasi...
So, I need someone to help me clarify this. I'm getting blasted with this 90 day waiting period thing is apparently being put on hold until Sept. 2010
This is the latest email I got this morning:
[i] On Friday, ...
Hello BP community - question for you all regarding an infill development project in Colorado. Quick background: 3 partners have come together to form an LLC for the sole purpose of buying a parcel of land, developing...
Looking at purchasing a foreclosure cash (with help from parents), and then financing the home shortly after renovations are made. 3 questions: Are their issues with them giving me funds to assist with purchase? Will...
Looking at how to improve my DTI for next purchase and noticed that the mortgage payment on my credit report includes full escrow (taxes/insurance) which is significant at $1,200. Since its on my credit report it will...
Buying a manufactured/mobilehome in Palm Desert, CA is a little different than a typical real estate purchase. It is important to determine if the home you are considering includes the land with the purchase, or, will...
Hello everyone, I'm trying to do a detailed analysis on a Multi family property we own. Specifically I am looking to calculate the cap rate accurately. I understand that NOI/purchase price=Cap rate but my question is ...