Here's the background...I have been shown a portfolio of 20 properties...all SFR, recently rehabbed, all with a tenant in place on annual leases as opposed to month to month, all cash flow positive, NOI's of 14 to 21...
Hello Bigger Pockets family!!! I have been researching ways to fund my 1st deal (still deciding between a flip or a buy and hold) and had been most interested in HELoC. The value of my home has increased a good bit ...
Hi everyone,From listening to the podcast etc I have learned that if you finance your home using a FSA loan you need to stay in the house for a year before you can rent it, is this the same for a conventional loan fro...
Does anyone know of a lender (other than hard money) who would lend on an older house?I purchased a house in Miami built in 1925 in my retirement account. I would like to get it out of my retirement savings and get a...
This may be a dumb question but ...
Trying to get a loan for a 9 property portfolio.. can you get the loan on 2 or 3 of the homes to cover the purchase price or how does that work ? Any info appreciated just star...
Hi. I am trying to get into rental properties. I am ready to buy my first property however little confused as to where to begin. I’ve spent some time on BP forums, listened to a few podcasts and watched a few BP youtu...
Is it just me or is conventional now costing about the same as DSCR and of course everyone prefers less paperwork if it’s the same cost… Are others seeing this?
I'm looking to remotely invest in a manufactured home in Macon, GA and I'm curious if I can get a conventional loan? Anyone have any insight?
Hello all, I am currently a travel nurse and recently purchased a single family home with a conventional loan. Since I'll be traveling for work most of the time, can I rent out the other rooms in my house with no issu...
I am looking for options besides FHA (high fees) and the standard 20% down for a multi-unit in Philadelphia, but I can only come up with 5% down for now.
Are there any conventional 5% down mortgages for multi-famili...