Account Closed
40,000 to invest
Hi, I have 40,000 to invest, can anyone suggest what is the best option (city) for this budget, thank you.
Kenny M.
Need a small mortgage rec.
I am buying another multi-family in CT, but it's a small mortgage; The cost of the house is $509k, and the lenders I've used it the past have little interest in financing it. I am told it's too small a they need at ...
Michael King
Selling a Multi-family on a rent to own basis
Hi everyone. Hypothetical situation. Let's say I acquired a three family property using a 6 year lease option. Now let's say I use another lease option to sublet it to a person who is interested in buying it down t...
Nikko Tountas
Down payment for financing
Hello,
just wondering when purchasing/financing properties is the only option to put down the 25% is cash? Is there any other option for down payment such as cross collateralizing other properties or assets? Lastly,...
Account Closed
Recent college graduate, 50k starting salary + commissions
Hi BP, I'm reaching out to seek advice about starting out in RE investing. I thought it could be helpful to disclose my financial scenario, or perhaps that is naive. Anyways, 50k starting salary + uncapped commissions...
David Rutledge
FHA loan advice Please
I was hoping to get some advice.I live and work in OC California and I recently purchased my first two rental properties in Oct 2016. They are both out of state (one in NC and the other in IN)I am already looking/plan...
Meredith Von Kleydorff
DSCR Loan for primary residence/house hack?
Hey Everyone! Looking to get some advice and guidance on DSCR (Debt service coverage ratio) lending. My goal is something along the lines of a house hack by purchasing a single family home with maybe 4 bedrooms and li...
Keila Pritchard
Current Service Member looking to grow real estate portfolio
Greetings,I am a active duty Army Officer. I currently am married to another Officer who is getting out. As she prepares to exit the military, I’m realizing I’d like to have a plan once I’m ready to leave (15-year pla...
Adam Eckhoff
First Step - Buy a Single-Family Dwelling
Good Afternoon BiggerPocket Members,I'm just going to run a quick scenario for you guys, and let me know what you think. I currently have saved a lump sum of money... As of now its growing in an Index Fund; however, t...
Jessica A. Smith
Know a lender?
Morning BP,
Background: Currently house shopping. Looking for a multi family to house hacking. Verified w/ lender we qualify for FHA. When I asked about using it for duplex or triplex was told needed 20% down. Also...