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Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).
I'm trying to determine the best approach for the 25% downpayment, comparing usi...
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Hey. I'm a new investor. I'm wondering how to go about getting loans to fund a rehab project. Do you get money to buy the property and then rehab it, do you only get money if you already have a property to rehab, what...
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While many of you have been wondering about the future of interest rates and the economic climate, it seems a very overlooked area is diversification. You will need to start applying your allocated income towards CASH...
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As a limited partner, what are the things you want to hear from the sponsor?Plus, what parameters and specific numbers you look for in an offering based on location(Ex. San Diego - 8% COC ; Illinois - 12% COC etc. etc.)
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Anyone have recent experience with terms for SFR DSCR loans? Any differences besides rate for non-recourse vs recourse?
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so I have 2 properties I am Possibly looking at to take a cash out refi to buy another home.. Is there a way to avoid the closing cost fees that it cost to take out a cash out refi? Or what is the absolute best way to...
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Hello, I'm wondering if there are any lenders who offer low loan minimums to accomplish renovations only? I have a home free and clear that needs around 30k in renovations that I'm looking to get funding for in Michig...
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Hi BP Fam,
I am looking for ideas on financing an accessory dwelling unit built on my primary residence. I need to borrow $110k, and the ARV $815k with a current value of $715k. The mortgage is $643k with a 2.6% inte...
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Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties. We are trying to not use our retirement funds. Are there any strategies...
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Good afternoon all, Just wanted to share some good news. The VA just published their new VA Loan Funding Fee rates last week. Most of the rates are reduced (compared to the current ones) starting on 7 April, 2023. Jus...