I just read an article on the Wall Street Journal https://www.wsj.com/articles/i... stating the fact that investors have responded to rising interest rates by pulling money out of real estate funds in record quanti...
We are working with a lender to get a cash-out financing loan on an investment property that own. But, we were just denied for the loan with the loan officer saying she was, "unable to get the refinance approved throu...
Fannie Mae is coming out with new guidelines to allow 5% down payment on 2-4 unit multi-famiy (Owner-Occupied)...This is huge news at least for an area like San Diego where FHA (3.5% down) can't be used for 3 and 4 un...
I've peaked around the forum and can't find anything recent that addresses this question.My husband and I currently own 9 properties, 8 of which have financing. One is a primary residence, 3 are ongoing flips and 4 ar...
Hello BP family. Any thoughts on obtaining mortgage loan insurance? not property insurance, but insurance that would cover the balance of the loan in case you lose your life and you do not want your family to incur th...
Hello
I have recently been approved for a $500k FHA loan and I am looking into something in the NYC surrounding area. I have a steady job working for the City of New York for about 2 years now.
Any advice on what...
I am looking at some county tax records that show :- Land Appraisal: $7100, Property appraisal: $30300 and Total appraisal: $37400Then below there is a Total Assessment value that is considerably less than the total a...
I understand that the limit is 10 mortgages for someone to have. How is it possible to own more than 10 investment properties?I have heard on the Bigger Pockets podcast multiple individuals with more than 10 properti...
This questio stems from a general ignorance about the 10 loan limit, but i have heard about this in more than one place. So hear goes...In doing the BRRRR strategy, are you still subject to the 4/6 Fannie/Freddie loa...
I am starting out in real estate and we are looking to purchase a property in Florida that we will use for vacations but rent it out the rest of the time. I am looking for financing and wondering if there is a differ...