Cassandra J.
How do you compare conventional loan options?
Soon I'll be obtaining my first mortgage. I'm going the FHA route.I've done A LOT of shopping around. As I work to narrow in on my lender of choice, I've been surprised by how much the loan detail varies between them...
Zac Kibby
Purchasing my first rental!!
Hi everyone. I am looking to begin my real estate journey. As with many things in life, the scariest step is the first one. My plan for my first rental is to purchase a house for my brother who will be a freshman in c...
Andy Thoman
How to estimate closing costs?
What are all the costs I can expect on having during closing and how can I figure out normal prices or estimate what it might be?I want to figure out a ballpark estimate of closing costs before I analyze properties so...
Greg Bohn
FHA Loan Refinancing
Been looking into using an FHA loan, either standard or 203k, to purchase my first multifamily property. I was wondering if there are certain restrictions on refinancing an FHA loan. I would ideally want to do what is...
Account Closed
Limit on the number of loans I can have
I have read that banks will not lend money if the lendee has ten loans at that current time. How does a real estate investor keep building his portfolio after this limit?
Nick Bandiera
Partnering on first investment
Hello,Me and my friend are hoping to go in on our first investment property together and want to begin adding more as we go. Can someone give me advice on if we need to form an LLC? How would the loan work if one of u...
Jack Perfett
Do These Closing Costs Look Correct?
Hello!
I am currently in the process of purchasing my first multiunit house hack in the Philadelphia area. I am using a 3.5% down FHA loan and have received a loan estimate on a property. The property is $425,000 and...
Obi Linton
TAX Sale Deed Lien Holder Negotiations.
I am negotiating with the lawyers of 3 properties all owned by the same Lien holder. I am going to purchase the properties from them directly. BUT the properties are on the Upset Tax Sale. I am assuming someone will p...
Bankole Olonilua
FHA vs Conventional, I want to understand Real estate financing
I am trying to pull an out of state deal, in a state I used to live in and could possibly relocate to.My goal is to buy a multifamily property. after talking to a few lenders I have learned that there are 2 types of l...
Steve Johnson
Closing costs and how to factor them into the investment decison
Good Afternoon Investors,I am a new investor and am assembling the pieces in preparation for my first deal. My question is about closing costs and how to factor them into the project cost total. I understand that c...