Mariah Jeffery
85% LTV Financing for apartment building?
I'm interested in purchasing an apartment building for about $1.1M. I have enough cash to put 15% down. Are lenders doing 85% LTV commercial mortgages these days? If so, will it be an 75% and a 10%? Will the rate be h...
Caden Bradbury
How many mortgages is too many?
So I’ve been reading books on buying several rentals all on mortgages as soon as you get another down payment. My question is when will the bank normally stop lending you money? For example can I go out with 200,000 a...
Julie Goodwin
House hacking a duplex
I’m looking to approach a seller of a duplex for 294,000.. This would be my first rental property. I will be house hacking. I sent a message and honestly did not think I’d get a response, but I just did!!! So it’s 294...
Ashton Patterson
House Hacking without an FHA?
The obvious winner when it comes to financing a house hack seems to be an FHA loan. However, my friend and I are having a hard time qualifying for enough to get a duplex in our area with an FHA because my tip income d...
Dustin Turin
How to Handle Tenant Request to Add Roommate
I have a tenant in a 2bd apartment with whom I recently signed a new lease. She was previously living there with a roommate and they were both on the lease, and I allowed the old roommate to move out and wrote a new l...
Preston Rogan
Financing investment property
I currently own a primary residence that I would continue to reside. Looking to pick up a duplex but I’m not real sure where to start. I chatted with rocket mortgage and they said for investment property they would be...
Allen Bannister
Conventional loan or FHA??
I'm looking to buy an investment property but also looking for a main residence. I'm 24, working full time 4 days a week, decent income but i don't have currently enough for 20% down which I've heard is standard for 3...
Abdul Azeez
Help Analyzing this deal
Folks - Need help analyzing the following deal as a beginning investor to know if I am doing this the right way. The property is http://www.zillow.com/homedetails/6-Pine-Lane-FL-2... The current renter pays $1200. I r...
Michael H.
Clarification on FHA 203k loan
Hi BiggerPockets members!
I registered to this forum to learn more about real estate investing - specifically in single rehab homes or multi-unit properties.
I am currently living in the DC area. I would love to fi...
Scott Scharl
Help: ADA and Assisted Living
Hi BP,Can anyone explain how the American with Disabilities Act applies to an assisted living home? We are converting a SFR into a private, 10-bed assisted living home (our first project of this type), and I can't fig...