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I currently own 3 small multifamily homes and am looking to jump into the commercial side. My current units are duplexes and triplexes. I want to sell these and purchase a big multifamily. I found an 18 family bulding...
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The popular buzzword seems to be the “Cashflow” these days. Cashflow this and Cashflow that…Don’t get me wrong here! I LOVE Cashflow and I fight for it everyday with all of my investments. And if you are a fan of cash...
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My wife and I recently prequalified for a loan. We will not be putting 20% down for a SFH/MFH. What are the questions I should ask the lender in terms of points, interest rate, fees, etc? I want to get the most compe...
To set the stage, I’m self employed with an over 800 credit score. Between my wife and I, our only loan is for our car. We have about $60k saved up in just a couple years and a $100k in a committed gift from family t...
Hello! I've lived in the OC area for the last 6 years and have been writing residential mortgages for the past 5. I've been very successful in the call center/inside sales environment and at this point in time I'm t...
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Helloo my name is Diego Albany and I am an 18 years old guy living and trying to seek a future in Dallas Tx. I got interested in Real Estate in about 7 months ago and think about that I wasn’t even legal. My plan is t...
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I am buying a SFH for 35000.
Here is what kind of financing I got from the bank.
4.8% interest NOO
20% down ( I was told 15% but in the end it was 20%)
Origination fee $750.00
My charge for this interest rate ...
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Hi All, i have a SFR that i purchased about 5 years ago - and per the HUD it says for the PMI/MIP to be removed, i must pay premiums for 5 years and the LTV needs to be at 78%. Now i just hit 5 years, and the home has...
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I want to use the rest of my VA Loan I have already used $315,000. I live in Texas and have one primary residence and eligible to get another property in June (1 year mark). There is a duplex new build and their agent...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $705,000
Cash invested: $70,000
Classic house hack situation, with a TON of mistakes/lessons learned.
This...