Today I closed on my 6th BRRR deal.  All of my properties are in Connecticut.So far:Triplex in New Britain- BRRRR complete and fully operational.2625 Rent Roll 100,000 acquisition  50,000 renovation, 140,000 refinance...

Link: http://www.mortgagenewsdaily.c...
March 11, 2021
"The letter focuses on thenew 7 percent limitation on acquisitions of loans secured by second homes or investment properties. All limits are measured as 52-wee...

Hello,I am trying to explore my options for financing a multi-family investment (non-owner occupied). I currently owner-occupy a duplex with a VA loan. I have been scouring these forums and the web trying to find a cr...

View reportPhoenix Arizona near downtown* is there an issue with ARV? I put it as "$400,000" in form but says more than $400,000 on report * what about 50% rule? seems to break the deal.* Seems like cash on cash retur...

I'm in the process of funding a conventional loan for my first deal in Binghamton, NY (Broome County).  I'm also leveraging equity to do a cash deal simultaneously.  Some days I sit back and assume that everybody's do...

Excited and relieved.  After 5 contract extensions for reasons way beyond my control, the ink is finally drying on an FHA financed quad, bringing me to 6 units.In March of 2016, 2 months after my 23rd birthday, I boug...

Hello BP family, I'll be quick, just checking to see if this loan is decent or not...Property type - InvestmentAmount - $165KDown Payment - 20%Credit - 760 and aboveRate - 5.375% (30 yr fixed)Origination Charges - $22...

Hello BP.. my first post... im in the process of purchasing a rental property.. waiting for my counter offer to be accepted. I had to take out a non owner occupied loan.. the property was 250k putting down 25% with a ...

Hi BP,This question goes out to all the Texas mortgage brokers and bankers out there.  I have a duplex in Austin Texas that I would like to leverage for the purchase of another property.  I lived in the duplex for one...

Investors have chosen multifamily as a best-bet asset class.
HANDS-ON VALUE CREATION
Another winning quality is multifamily’s relatively low barrier to entry. Many apartment investors get their start in real estate ...