Derek White
Starting off with bad credit?
Looking for advice on how to get started in multifamily, with not so good credit. I currently have almost a 600 credit score and was shot down on an FHA loan, minimum is a 620-640.I am looking for any help with quick...
Cathy G.
Questitons about getting a 2nd investment property
I bought my first home in 2012. The market did really well and I have the same tenants since 2013. I hired a property manager and moved to Europe. Although I have had an investment since 2013, I haven't been tested...
Douglas Miller
Appraisal process delayed
I have a home under contract that had the appraisal delayed because the owner was going into foreclosure. My question is does having the home get foreclosed on help me in any way and what can I do, if I can, help her ...
Account Closed
Occupancy
I am looking at a property which isnt fully occupied. Is this a problem when going for a loan?
Rafael Norat
FHA 203K question with regards to the ARV appraisal
Hey BP Community.
I have a property currently under contract with 10 day inspection period. We are using an FHA 203K loan. Does anyone know if the ARV appraisal results are usually available within the inspection per...
Mariana Hernandez
Commercial Cash out Refinance under $75k
We have a rental Property that was just appraised at $103k. We are trying to find a Commercial Portfolio Lender that doesn't look at your DTI to cash out refinance. We have owned it since March 2017 and it's currently...
Tom Hall
why closing cost is so high?
Soon closing on a property property cost $458k and the closing cost is really high we are doing FHA mortgage they are charging 2% of the loan plus application fee and mortgage insurance on closing for the amount of $7...
Jeff Rocha
Container Apartments Houston, TX
Hello everyone, I am a newbie with a little bit of experience. My wife and I like to buy and hold. We currently have two properties that we have listed on Airbnb. We had to rehab one and are cash flow positive on both...
Paul Spangler
Advice on a 4-plex deal
I'm trying to buy a 4-plex with an FHA loan and it will be my first property. We found one in Tualatin, OR listed at $395k and my mortgage broker estimates my PITI would be $2700 per month. The seller reports $3700 gr...
Joseph Scorese
4 key steps in the Mortgage Underwriting Process
4 key steps in the Mortgage Underwriting Process This past week, I personally Underwrote and funding a Private Mortgage on behalf of an Investor for a Construction Loan. The experience was fast past and exciting. The ...