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Hello BP!Our offer was accepted on an C+ Quadplex in an A+ area. It is walking distance to a medical college in one direction and to downtown in the other. Running numbers very, very conservatively it only cash flow...
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BP Family - Soon I’ll be in the market for a commercial loan. I’ll be buying a 5-20 unit apartment building. I am a residential real estate agent, so I have a lot of experience talking with residential lenders abou...
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Here is what I figure so far. Any feedback? I previously used a $291,555 VA loan to purchase my current home, which wiped out $36,000 basic entitlement, but not bonus entitlement. The amount of entitlement already use...
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I am attempting to partner my way into qualifying for a high value ( $800K+) deal in beachside Brevard county, Florida that I can house hack as boots-on-the-ground operations with 3.5% down for a primary residence sma...
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There's an MLS listing I was looking at that went under contract, went pending, and is now back on the market. They have now added this to the listing description. What exactly does this mean? "Owner-occupancy base...
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Hello Everyone, I am about to sell my only house in Maryland. I would like of use the equity to buy a multifamily home in the US. I am wondering whether I could still benefit from a 3 percent downpayment for a loan wi...
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Hi everyone! I am a 22 year old grad student from northern New Jersey. I will be starting work full time in New York City this August, and am currently weighing my options regarding where to live. My goal right now is...
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Hi, I am located in Massachusetts and looking for information on finding a lender that will do either second position loans on investment properties in order to help with down payment or cross collateral lending to f...
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I meet a lot of people who think 2-3 rental properties are going to be their ticket to getting "rich" or "retiring early". In my experience and through talking to dozens of other investors, usually that's just not the...
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Looking at a STR to make first real estate deal on. Can anyone tell me why a lender might discourage 10% down on a vacation rental? I understand it's possible that interest rates would be higher than putting down 20%,...