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I rent out a townhouse and the current tenant want to buy it. The property is worth about $185k and my current mortgage balance is around $150k @ 5.875%. Tenant has agreed to paying $210k at 6.5% with no down paymen...
I am working with an investor that is cashing out their portfolio. The investor is selling three homes as package for $40K each. I could buy the homes with cash but would rather finance the deal. Buying the homes outr...
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Hi! I’m a relatively new investor. I own a single family home that I purchased as a primary residence two years ago. I rent out a portion of that home for more than my mortgage and I’m planning on fully renting the pr...
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Hi BP- buying my 3rd multi-unit property.
I’m putting a contract on a 4plex
I’d like to understand which financing option is better:Option 1 - Residential loan- 7.99%, 30 yrs, 25% down. 3 points at closing plus ...
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Hi BP-
buying my 3rd multi-unit property.
I’m putting a contract on a 4plex
I’d like to understand which financing option is better:Option 1 - Residential loan- 7.99%, 30 yrs, 25% down. 3 points at closing plus ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2133504/small_1696157010-avatar-stephenl223.jpg?twic=v1/output=image&v=2)
I have an $80,000 HELOC available to use to purchase or rehab a property.
I found an $80k property in my area that will require about $60k in rehab, and the ARV will be roughly $230k. Rent will be about $1700-2000.
...
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If I currently have an FHA loan that was used to purchase a multi family 3 years ago, and would like to buy an owner occupied single family while keeping the multi as a rental, what are my down payment requirements? I...
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I am looking for options to put as little as possible down on investment properties (not owner-occupied). I want to stretch my dollars out as much as possible, to max out my ROI. So far, the FNMA HomeStyle rehab loa...
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I am looking to purchase a lot and build a home for my family. From what I understand, it can be a pretty expensive proposition. Thankfully, I might be able to take advantage of the SB9 law that allows me to split the...
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I’ve found a beautiful multi unit in Bay Area that has an extra lot next to it. The lot has a different parcel number so the bank won’t issue a loan for it. I don’t have enough to buy the lot by cash (even small lot i...