Joseph Post
20% DP for Multi family
I am looking for lender who will accept 20% DP on a conventional loan. Prospective property is small multifamily 4 units or less. I already own a primary and don't plan on moving into the property. I have tried numero...
Ronald Alba
Zoning doesn’t match house
Hi BP,I’m currently under contract for a home in hummelstown PA. House was advertised as currently single family but with a few modifications could easily be turned into a duplex (one full bath and bedroom added to fi...
Devin Pickett
Best bank for LLCs
Hello,I have yet to do my first deal but I've formed a LLC for my business. I'm just beginning and I'm torn between a small bank vs bigger corporate banks. I think the smaller bank would be a good opportunity to buil...
Seth Wilcock
Need a 2nd Opinion
I'm under contract on this property and I'm looking for a second opinion on this project. Would you do this deal? 3/2 single family residence BRRRR in St. Louis. The property needs some foundation/moisture miti...
Jeffrey Suh
Whether to buy wholesale or put money down
Hi,
My name is Jeffrey, and I’m a veterinarian living in North Dallas area. Me and my wife worked and saved for the last 15 years to accumulate a little over $650K.
We are currently in a situation where I will be...
Pavel Bennett
Practicality of operating a nonconforming 3-5plex on Oahu
Hi folks!I see this a lot in the listings that meet my criteria: "Number of bedrooms/bathrooms does not match tax records. Buyer to do own due diligence. Sold as is."I'm looking for a parcel of land that has structure...
Sam Stout
FHA limit exceeded, need lender help
I just found out the FHA limit in my area in California is only 477k when my lender thought it was 617k. Any body have options for a 5% down mortgage on a 575k purchase price for owner occupied home in Lake Tahoe, Ca...
Alex Jones
Looking for lender that works with LLC's for vacation rentals
We own two vacation rentals in AZ. We paid cash and are looking to do cash-out refis. Nothing huge, a 50% LTV would be fine. All the lenders I've spoken to want us to change title to the LLC members individual names. ...
Ilan M Aliphas
Interest Only Loans – Do they exist anymore?
Got into contract a few days ago on a great property for STR. My goal is to maximize cash flow and this property is in a very seasonal market. Therefore an interest only loan would be ideal... problem is, I've only ...
Jason Lam
Conventional Loan interest rates for investment properties
Is there a good place to find interest rates for investment properties? Everything published online seems to be for primary residence. I have a property I am looking to refinance that is about 50% loan to value that I...