HelloI am looking forward to buy a property and in the closing status. I am self employed and the income reported on the taxes does not allow me to qualify for a conventional financing. I am pursuing "bank statement l...
I have an accepted offer on a funky 5 unit. 1 SFR and a 4 studio apartment building in Washington state, non-conforming lot, grandfathered in. Fully rented right now. I tried to be conservative with numbers.Price ...
NOW OR NEVER WITH FREDDIE MAC'S HOME POSSIBLE - NO INCOME LIMIT RESTRICTED AREA'S! EFFECTIVE JULY 28TH - MUST HAVE APPROVED FINDINGS BY THAT DAY! This is a great conventional product, competing with FHA's low down pay...
If the normal 30 year APR is around 4.2% for a normal owner occupied home mortgage, is the APR for investors always higher? How much approximately?And is it true that down payment for investors is also higher atleast ...
What strategies can be deployed to avoid having to pay 20% on an investment property?
I have a chance to buy a place that is an up/down duplex but is not zoned for it. It has a history of being a duplex for 10 years in an area where there are a lot of rentals. What are the potential ramifications?
When you are purchasing a rental for the brrrr method. Can you use a conventional bank loan such as a 15 or 30 year loan instead of using a hard money loan or private money loan? Or is using loans with a quicker payba...
Hello BPers! I am a newbie real estate investor currently living just north of Boston. After multiple years of research and saving, I have finally saved enough to invest in my first property. I am looking to purchase ...
I know you can only buy up to a 4 unit place with a FHA loan but I was wondering, could you get a Freddie Mac Loan and go beyond the 4 unit limit of an FHA loan? I thought they had a lower down payment then a convent...
Today was a day spent in multiple city offices trying to figure out the zoning of a duplex my partner and I have a contract on.
After nearly a day of work, we've discovered that this "duplex" which is listed as such...