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What are the options/possibilities of refinancing a $900k loan on a 20 unit after first year of ownership and operation? My goal would be to lock in a lower 25 or 30 year rate. The property is about $1k per month po...
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Hi Everyone,As a new real estate investor, I am planning to use an FHA loan for my first MF property as an owner occupant. Then, a year or two later do it again with a VA loan. I know they can both be used to buy 1-...
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Hi-Let's say me and a friend want to buy a SFH to live in together instead of renting. I know the typical response is "NO GOD NO don't buy a property with a friend." :) Let's set aside the 'don't mix business with fri...
Hi,I'm very new to Real estate and I'm thinking about buying a condo here in Chicago. I'm quite aware most lenders won't finance an investment property unless I give a 20 % down payment. I want to give a 5-10 % down p...
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I own multiple rental properties and now interested to aquire another piece. Bank just told me that I might require to pay up to 30% of downpayment because I own multiple properties. How does everyone do their fina...
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Does anyone know current traditional mortgage rates for 15 and 30 year notes in Lubbock, TX? Typically, I BRRRR with ARV loans through a local bank for our investment properties, so I'm not up to speed on traditional ...
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I have seen private money lenders use FannieMae/FreddieMac documents for private money mortgages that are not associated with either one. Is this ok? thanks.
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So I've scoured BP and the web on self-directed IRAs and have gotten a bunch of useful information. Unfortunately the information I was able to find was mostly on setting one up and general guidelines on how to operat...
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I am looking to purchase a property that falls under the minimum limit for DSCR but qualifies for a conventional loan. If I purchase this and quit claim deed it to my LLC, who pays the mortgage? Me or my LLC? Does t...