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Please clarify my doubt. When we are borrowing money from the bank to buy multiple family appartments. Why are we not paying the principal portion of the loan. Or even if we are taking interest only loan, at some poin...
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Do they exist? Any recommendations for local banks or other institutions with the possibility of 80% LTV loans on investment single family,duplex, triplex, or 4 unit properties?
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I’m looking to use creative financing towards my down payment on a STR. Thinking of either HELOC or Cash Out Refinance. What would be best strategy to pull the financing from my primary residence? I’ve already used a ...
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I have a rental property that is currently owner financed. I have had the property and it has been tenant occupied for 2 years now. Can I use the equity in the retal property as a down payment towards another buy and ...
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Hey all, I have a duplex that has > $900/mo NOI, and am looking for a commercial loan with a 30-year amortization. It's in an LLC, so it has to be a commercial loan, but I'm having trouble finding anyone who will l...
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Finally got my first brrrr property under contract in eastern Long Island
General detail
Purchase price 210k
Repair 50k
Arv 330
1. What is the max I can refinance for? My credit is around 730. I'm thinking probabl...
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Deal analysis: 5 duplexes for 157k each. Market value on each is 185k. I have a line of credit I can use for the down payment. However, using that neutralizes the cash flow. I was thinking of asking for an interest on...
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Greetings everyone!I'm looking for a real estate attorney for a property in Falls Church, VA to help my girlfriend with with an ongoing loan issue.She was a victim on old balloon payment/adjustable rate loan originall...
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Hey everyone, I am not new to bigger pockets I am just a lurker. I have been repairing my credit and am currently at a 700 Mortgage score. My husband and i want to invest in a property and i was thinking of going the ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $165,000
Cash invested: $20,000
I bought a duplex in Racine that needed a lot of cosmetic upgrades. Both uni...