General Contractor looking to expand and get off my feet. Assuming I wanted to do a flip. Its obviously an investment property. So does that mean i need 20% - 25% down payment? Also if i were to do a 203K loan does th...
Need help with the DSCR is not high enough. I want to put 20% down but he DSCR is only allowing for 40% LTV max. Any other ways to get up to 80% ltv besides hard money pricing?
I am currently looking into buying two separate SFR lots from one owner. My question is if I go with traditional financing would I be able to buy both properties in one loan? or would I have to do two separate loans? ...
Hello everyone,So I've been doing some research trying to see if you can Utilize the house hacking a BRRRR strategies on the same property. Combining the two basically. There are a few questions that I can't answer th...
Hey BP's community
Me and my wife want to buy rental property.
We are looking for guidance on several things as well as potential partners, lenders, realtors etc.
First things first;
Qualifying for a loan.
We...
We have two properties that we currently rent out. We acquired both through use of the VA loan. We house hacked the first for a year, and it currently rents for a great price and creates decent cash flow (rent = $1100...
I am buying a property for 144k that appraised for 247. the property was lowered to this number after sitting for a year. needs 25k in repairs, and will rent for 1350-1450. The dscr loan is requiring 25% down, and 130...
I'm looking to purchase a primary residence with an existing ADU in Contra Costa county. Are there any loan programs that will allow me to count the ADU rent as income to help me qualify for the home loan? Or are th...
I have an investment property (100%) equity that I'm taking out 70% LTV to pay off 2 additional investment properties' mortgage. My question is once the 2 properties are paid off, how soon can I take out another cash ...
Hello everybody, I'm new to real estate investing and am currently just in the planning stages of how I want to get started and reading everything related to rental property investing. I have been reading "The Book on...