Quick question on my first deal I'm trying to purchase and need some advice on what I should do moving forward. Quick Story:Found a nice quadplex in my local town that an investor is selling for cheap. Lots of attenti...
Recently looked at an off market deal that had surface mold on the banisters. This house has been unoccupied for a year and still has some belongings inside. Would the banks want the mold and belongings removed befor...
Hello,
I've read a few post on here about this subject but really no hard answer. Can I buy a single family home with the intent to immediately rent with a low down payment conventional loan? A local bank offers a 1...
I'm relatively new to RE, but have recently made up my mind that it's going to be one of the main components to my long term wealth building strategy. I've been practicing by analyzing potential deals in my area and f...
Hi all,
I have a question to bounce off the community. Does anybody have experience getting an FHA loan for 2nd property while having conventional loan in place on 1st property? I would like to rent out my SFH that i...
Hello Everyone,I just completed my first deal FHA 4% down - It was a two family in Weymouth Massachusetts. I kept the current tenants in one unit and gutted the other and renovated it and will be moving into it in a ...
This is a question specifically for the US or Canada. My question is referring to conventional banks. I am hoping some lenders or well seasoned vets on this website can help me.
Most conventional financial institutio...
I have 4 single family rentals finance in my company name with commercial loans on them. I would like to the pros and cons on financing them with a conventional instead of a commercial loan.
Hey BP!About to make my first investment in the 4-6 months and I'm already thinking about the next deal. I have about 37K saved and will need to utilize a low down payment loan program. Initially I was thinking FHA wa...
If you could go to one real estate investing conference or convention a year for education and networking, what would it be and why?