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Results (8965)
Wayne Poisson Obtaining a U.S. mortgage as a Canadian
17 July 2024 | 5 replies

Hey all, I’m looking to purchase a rental property in Cleveland, but I’m getting mixed messages about whether or not I would qualify for a mortgage because I’m Canadian. One broker told me I need a residency visa (but...

Shaun Sperry BRRRR: HELOC and conforming loan - first post
21 March 2020 | 0 replies

I am looking to the BP community for some advice on my first post, popping my cherry finally. I am looking to take out a HELOC on my primary residence for my first BRRRR. I do have reserves, but it is mostly for emerg...

Daniel Bautista Can I get FHA loan while having current VA?
10 June 2019 | 1 reply

In the process to refinancing as in “VA IRRRL” to take advantage of lower rate in addition to removing the owners primary residence stipulation. Can I now apply for FHA loan within the same locality and if so How long...

Michael Fiducia Best way to structure a seller financing deal?
31 October 2016 | 2 replies

Hi All, My girlfriend's father has a multi unit property in a nearby city that he has been looking to dump for quite some time. Market value is around 160k. There is a mortgage of about 100k on the property. He gave m...

Kevin L. First Primary Home
4 September 2024 | 4 replies

Investment Info:

Single-family residence buy & hold investment in Las Vegas.

Purchase price: $328,500

Cash invested: $16,500

Bought as my first primary residence during COVID. Now it's a long ter...

Jim Froehlich Multiple Lot Collateral for Construction Loans or Subordination?
21 March 2024 | 8 replies

Smart people - if I own 24 buildable lots appraised ~$1.6-1.8 million in total (assessed by town at $1.4M), what do you think is the best way to build out the homes (notionally $300-400K builds/$450-550K sells) and ma...

Deanna S. What is the reserve requirement for a nonrecourse loan?
14 January 2017 | 9 replies

Hello BP experts.  We are negotiating an offer for a property (a duplex) and will be using a nonrecourse loan for the financing.  Does anyone know what the IRS requirements or guidelines are for required reserves when...

Account Closed What Is The Best Avenue To Find An (Individual) To Lend Capital?
6 June 2016 | 5 replies

I, along with my dad and brother are new to renovating properties. We are in the planning stages to align everything to begin renovating our first condo or single-family residence.We have found a company to partner wi...

Michelle Laws Newbie from Tucson, Arizona
23 April 2017 | 3 replies

Hi my name is Michelle Laws, currently residing in Tucson, AZ.   There is a possibility I may relocate outside of Tucson for a job in the near future so I am interested in renting out my house, which I am still paying...

Irving Moorehead HELP Evaluate a multifamily
23 December 2023 | 9 replies

Good morning, I've been a member of BP since May 2023 but I just upgraded to a pro membership today. I have a few single family and dupIex buildings. This will be my first commercial property if my bid is accepted. I ...