Has anybody used an AI program as a back up or check, or for preliminary screening on any investment properties? I am in escrow on a multi family and the lender is also the seller, so I'm going to either get my own ap...
Hello!Was hoping someone could provide some guidance. We are currently using a heloc to fund the buying of rentals. We are using the Brrr method. However, can anyone recommend a bank that is investor friendly for ...
We were able to ferret out a family of Professional Tenants yesterday after picking up on few 'red flags' on their applications. The short story: They seemed very nice, applications looked reasonably strong with respe...
Hello BP friends,Im interested in possibly utilizing a 203k loan for my first investment for either a SFH or MFH. Are their any disadvantages in using 203K? Are their any negative implications to possible forced equit...
Hello,I bought my first investment two years ago, which rented out in one day and I had great tenants. They are now downsizing (just moved out) and I am currently working on reading applications to select the next ten...
I am new to the group and will be purchasing my first home. I am eligible to benefit from VA benefits with 100% financing and no PMI at 3.5% interest. I also have another option of 5% downpayment and 3% interest rat...
I own an investment property in Chicago. The remaining principal is about $240,000 and I'm confident that it will appraise at $330,000. I used lending tree to find a lender that would let me take $50,000 with no suc...
Which heloc would you take. Wanting to set of a heloc on my primary residence before I move.
Adjustable rate is 7 year draw period, 25 year payback. 4.25%
Fixed rate is 5 year draw period. 15 year payback@ 4.75%
Hi All
I own a triplex in Oakland, and I have one of the units coming vacant soon, and it's a large studio that I wanting to convert into a 2 bedroom or 3 small bedrooms and then rent it out month-to-month to trave...
Hey BiggerPockets community!
I'm embarking on my first multi-family construction project in Washington County, Utah, and would greatly appreciate your expertise and insights. My strategy at this moment: Buy land with...