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Is it possible to buy properties out of state with 5% down? I keep on hearing people say that you're typically going to want 20-25% down for an investment property but is it still possible to do 5%? Would a piggy back...
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I recently met with a lender and this topic came up. The lender recommended I do not start with a single family home because it will raise questions from lenders when it comes to house hacking my second home. Lenders ...
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Below is the email I've been sending to Mortgage Brokers. To me this looks like a clear deal. Any thoughts? Ideas on how I can get this deal done in my condition?Hey Liz,I am Donnell Durden, and I'm interested in inve...
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Are there any recommendation for lending options to BRRRR into a house hack? Basically I'd like to buy an off market multifamily, rehab it, and then refinance it with a primary residence loan.My contractor brought me ...
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Hello BP,
Newbie here. Looking to buy my first rental property (buy and hold). What are the advantages (or disadvantages) of using the home equity line of my primary residence compare to trying to get a regul...
We are looking to buy a house to rent on AirBnB. My wife and I already have a house with about 200K equity in it.I am self employed and can't qualify for mortgage on second house based on income (the conventional way)...
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Working to save for a down payment for my first brrrr but it’ll take 10 months according to what I make and what I owe. I don’t think I can get a loan from my family. Any advice?
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I'm the CFO for 3 companies (1 real estate company, 2 operating businesses leasing from landlord) with an SBA loan taken out in 2003 currently in good standing. Operating businesses have entered a cash-flow probl...
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Hey y'all.I'm about to close on a seller financing deal, do I get the warranty deed to be recorded under my LLC name? Or it has some other method of putting it together until the end of the balloon/loan period?What is...
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I'd like to know any investors buying properties here in the Philippines or do you know anyone? Let me know!