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If I want to get a loan for an investment property using my LLC , are there any options apart from private/hard money lending ?
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I have a 7 unit complex under contract. 2 units are rented, 4 are in move in condition, 1 needs rehab. my question is, when im dealing with a bank/lender, are they able to use fair market projected rents (just like I ...
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Hello all!We are closing on a new duplex at the end of this month, and one of the units is currently occupied. The tenants there are on a month to month lease and are paying a couple of hundred dollars below market r...
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Hot investment topic alert: Assumable mortgages and purchasing properties with one. An assumable mortgage is effectively a 'portable' loan. Instead of applying for a new mortgage the buyer takes over the sellers exist...
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Hey bigger pockets community,
I’m having a bit of a dilemma. I have been searching for a quality tenant since January.
(If you do not want to read this entire post, please scroll down to my questions at the bottom...
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Hello bigger pockets crew! I have a property in Grand Prairie, Texas that was purchased with cash back in April that I'm trying to do a cash out refinance on. This is my first refinance, and the lender I spoke with to...
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I have a family filling the application to rent one of my listings in Houston, TX.They have green card and are supposed to receive social security number in few days, moving to the US last week.How could I make sure a...
Hey Everyone!Long time reader and first time poster here!I am currently under contract for my first home! It is a duplex in Philadelphia. The property is zoned RM-1, and the property meets all of the duplex requiremen...
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$50k purchase price, $7-10k in repairs. Cash Purchase and Cash Funded Repairs. Market rent $800/Month. Currently unoccupied.
Looking at purchasing and doing repairs within 1st Month and then finding a tenant(2-6 wee...
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Howdy, a newbie question.
was trying to verify 3x income requirement. Got application using smartmove where it says income as xx but paystubs show different? Should we consider pay stubs as source of truth?
Also app...