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Hello friends,I am trying to take out a HELOC on one of my rental units (which I own free and clear), and for some reason I cannot find anyone who would be willing to lend. To be specific, I am NOT looking for privat...
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Are cap rates as much a factor in valuations for smaller multifamily properties as they are for the larger commercial deals I'm used to seeing in the "day job"? I'm about to refi my first two duplex deals and I'm jus...
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Hello BP,I bought a duplex in late 2014 with an FHA loan. Since that time I've been getting a lot of letters in the mail regarding reduced Mortgage Insurance Premiums. So yesterday I called up one of the lenders and...
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My business partner @Duran Villegas and I have 3 small multi-family investment properties in Memphis, Tennessee, held under the name of our LLC that we would like to refinance. Two tri-plexes and one duplex. One of th...
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Has anyone used loans specifically geared towards STR/AirBnB? With a quick google search, I've found a few companies - lodgify.com , tidalloans.com , kramcapital.com Looking on feedback regarding these companies, typ...
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Investment Info:
Single-family residence buy & hold investment in Glendora.
Purchase price: $405,000
Cash invested: $60,000
A multi unit property purchased while the market was still recovering h...
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Dear All, I know this must be a newbie question: how to qualify for a loan on a second or even 3rd property when your income is not great. A little back story here: My husband and I bought our first home, a $130,000 o...
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Hello Bigger Pockets!
My partner and I are getting closer to closing our first buy and hold deal and are hoping we could get some more experienced eyes to help us analyze this.
http://www.biggerpockets....
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I have some questions pertaining to "seasoning" and the viability of my "buy and hold" plan.
I have researched the forums extensively, reading everything that I can find on "seasoning", especially as it rela...
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Before the 2007–2008 mortgage meltdown, getting a conventional loan was much easier. If you could prove you had income on your tax returns whatever the source (1099, temporary positions or non full status employee pos...