The lender that I'm working with has stated that each person can have a maximum of 10 mortgages individually. If I own a property with a partner and my partner owns the mortgage solely in their name, does that count a...
I am looking to buy four rent and hold properties from an investor who is selling them all together. Should I get one combined loan ,or four individual loans? I want the pros and cons of both. I have plans to purchase...
We own several properties in Chicago and are currently looking to acquire some properties from investors selling off their portfolios. One we are talking to is looking to sell 10 of his properties (approx. $70k each.)...
Hi All,I am looking at an opportunity to buy 5 units (condos) all for sale in the same transaction, and am looking what the best form of financing would be. Since they are individual units, I am not sure if they can b...
Hello Everyone!Last October (October '21) I closed on a seller financed deal consisting of a triplex, duplex, and garage/ADU. So 6 total apartments. It needed quite a bit of work. Rehab is just about to finish with 4/...
Hey y'all,
Looking for any help and advice with this process, I want to use my 401K Schwabb from my previous employer and reinvest it into a multifamily property in southern california. I understand this takes creati...
Hey everyone! Have a situation that I want some input on. What financing options do you think is best for this situation.Lady is selling 6 individual condominiums in the same complex and is willing to do a bundle deal...
Hello BP!Currently we own 3 properties under one seller financed mortgage. We are needing to renovate one unit within the portfolio and then sell them individually. What would be the best way to obtain funding for the...
I am new to Bigger Pockets and this is my first post, so I apologize if these questions may seem very basic to some.
I own 7 single family homes and 2 duplexes which are all paid and have no outstanding loans. I hav...
I've agreed on a price with the owner of 3 different properties for an off market deal - one 8-unit apartment building, 3 duplexes on a single lot and 1 duplex on another lot. I haven't given him the official offer t...