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Hey All - hope this is not a redundant topic and that I put it in the right forum...Wondering about the refinance portion of BRRRR. Usually a lender wants two years of rent rolls before considering a refinance on a n...
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Seller is open to sub2, but wants to buy 2nd house. Does their 1st house's debt count against debt-to-income ratio when they apply for loan on 2nd house?
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In Texas, on a yearly lease, tenant paying every month. Tenant is late. I want to send a letter to Pay or Vacate. If I send it on Tuesday, the 13th of June 2017, if I give a 4 day notice to Pay or Vacate, what is the ...
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Is it true that there is a limit of 10 Fannie Mae loans over a person's lifetime? If so, is that 10 concurrent loans, or just 10 total?Does it apply to non-owner occupied/investment properties as well? This is in rega...
I am looking for better ways to come up with down payments on buy and hold investments. I live, work and invest in the Rochester, NY area and self manage. I currently have 6 MF properties and carry 8 mortgages includi...
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Hi BP Friends,
Currently I have 4 small investment SFHs under my name (each has a conventional loan). I am thinking of transferring these properties to my single member LLCs and getting them refinanced through portf...
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So I found out you can now use FHA to acquire mixed use properties with up to 49% commercial component. The multifamily market in my area is totally overwrought (if you can even find something on the market at all) so...
Side note: I hope this doesn't violate BP's TOS. Does this post qualify as a lender request? If so, I'll take it down.Hello everyone, long-time lurker here on BiggerPockets. I've learned a huge amount from these foru...
Hello,I am new to real estate investments and looking to get my first house.I do not own a house.When I was shopping around for mortgage with few of the bigger banks I got the same answer that since I do not own house...
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Assuming good credit and income could I get a mortgage on a rental by using a 401(k) loan as the 20% down payment? What about a private loan from a family member?