Hello BP Family,After researching, analyzing many deals, networking, and understanding potential markets around me, I’m finally taking a few steps forward. Specifically with my first mortgage. I have an appointment th...
Hi everyone,As part of a curriculum I'm developing, a required topic is "Requirements for an escrow account associated with a “high cost loan”. I'm able to find specific information on escrow requirements for higher-p...
Hello, I have seen a few of my competitor's buying, flipping and doing SubTo's, and owner financing. They have gone to some events, paid for courses and subscribed to some marketing programs. They live in another stat...
Hey fellow investors. Does anyone know of any banks that I can do a cashout refinance before 6 months? I'm currently doing a Brrrr on a property and I don't want to wait 6 months to get my money out.
Thanks
I would like to buy my first home in Chicago, i currently live in Cleveland. I have about 25/30% down payment. I plan on moving to Chicago within a year.My questions.Can i buy 1st home out of state? what is usually th...
Hey everyone, I'm currently considering a house hack in Columbus, OH, and I just spoke to a (highly-rated) realtor regarding my options for FHA financing. I was told that as of last year FHA no longer offers financing...
Hey guys! I want to get a second property, but can't decided if it would be better to get an LLC first or not? What are your thoughts? Also, I'm not sure what would be the best way to get the loan for it? Also my firs...
Please help. We have owned property for over a year. It is on 2 lots. 1 lot has 2 small houses, the other has a duplex. So, 4 units total. We have been making a good income for what we paid. It's about $2000/month aft...
Hi, I have a question regarding financing on a BTR project I am working on. How does land value affect LTC calculations? Here is the scenario:
We own a piece of entitled land (free and clear no financing on the land)...
Im going to househack a 2-4 unit SFR using an FHA loan. I am also trying to utilize the first-time home buyer down payment assistance program, but the site says they don't allow investment opportunities. If Im living ...