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Hey BP,I am spoke with my current lender, and they only allow up to 4 mortgages. I found out that I can get up to 10 mortgages by using a “portfolio lender”.Are there ways that I can have more than 10 concurrent mortg...
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Hey All,Wanted to touch base on a few topics that are not typically discussed in relation to components of a RE syndication deal and how this impacts things from the standpoint of the LP in relation to such factors as...
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Newbie investor, and my situation is likely atypical, this being about VA mortgages.
I bought a duplex several years ago (0 down at 3.75%; house-hacked) and refinanced at the started of Covid before I finished the r...
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New limits. These go in affect after Jan 1. The biggest change is to 4 units which are my personal favorite type of building for cashflow and house hacking. The self sufficiency test still applies to 3/4 units but man...
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Hi there - Wondering if any one can point me to the right resource / confirm the occupancy limits for unrelated individuals in Dallas/Ft. Worth area? Specifically for SFH. From what I can tell it is 3x the number of b...
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I have a client that is interested in a flip, He has a decent amount to invest however not enough to buy, rehab and hold for the right buyer, I found a private listed single family for $33,000 with similar houses sell...
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I have 8 mortgages. One of the mortgages is a commercial loan (blanket mortgage) on 14 properties. All properties are residential. That means there are 21 properties mortgaged with 8 mortgages. This includes my primar...
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Hello,
Is there like a rule of thumb on what percentage of the home price should be the most an investor pays for repairing a fixer upper and a rental property?
Thanks,
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Hello BP,I stopped at my local credit Union last Friday to begin the process of getting pre-approved for a loan. During my original conversation that I had with them, there were many different products that they offe...
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Looking for some advice here. We recently purchased a duplex in a good school district we like to buy into. The issue I'm having is when I post the listing on any of the websites it has a next city over address which ...