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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...
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My bank, Schools First FCU says I can do 3% down on a $650k SFH or 5% on a $750k SFH, but if they see that the home is actually a Duplex then they force the Down Payment to be 15% even if I can qualify for 3% Down wit...
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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...
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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...
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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...
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I’m considering picking up two duplexes being sold by the same seller and was wondering if I could put them both on the same mortgage as a 4-unit dwelling for the purposes of minimizing my number of residential mortga...
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Hi All,My partner and I have about 16 buy and hold properties and have maxed our limit in terms of conventional fannie mae/freddie guidelines. We are looking to work with a local bank lender that holds the loans on t...
Hey BP,I'm looking for funds to finish my rehab project and someone told me about Sprout Financial unsecured line credit? Are they legit? Has anyone used them? I'm skeptical because of there up front consulting fee of...
A client is interested in buying a multifamily property with 80% seller financing. The property has no mortgage on it. Who has completed a sale with seller financing? With no mortgages and no bank involved, are ter...
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Hey all! Super excited to tell you all that we have closed on our first deal! Not a home run, but I’d rather hit a single at my first at bat than swing and miss.Found this property on the MLS, out of an estate sale. 2...