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Background: current flipper and landlord with a partner, wanting to invest some solo. I have about $250k in equity on my personal residence. I would like to either 1) purchase a rental property myself or 2) Purchase l...
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Good morning BP friends. I am currently looking to use an owner occupied loan to purchase a small multifamily (two-four plex). I have qualified for both 3.5% FHA and 5% conventional. I am aware of the benefits of each...
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Hi everyone,I keep getting confused re: non-performing notes. Is there ever an option to secure the actual property by purchasing the property at a discount without going through the foreclosure process? In other word...
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Chester county, PAMy title company says they don't work with foreclosure properties. I don't know what does that mean. They don't sell title insurance for foreclosure properties or what does that mean. Anyway, any one...
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Hi, so I have a friend that is looking to buy a commercial real estate property for a beauty saloon. She has the capital to pay all in cash but she asked me for advices on what she should do. Being relatively new to R...
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I am a beginner and I think this is the part of buying real estate that becomes very scale-able. What kind of considerations do I need to make before doing a refi in the BRRRR?For example, let's follow this simple ex...
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Hi all,I am considering entering real estate investing. As one of the first steps, I am trying to come up with a buy box. But before that, I want to know what is a good way to determine my purchasing power. I want to ...
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Example:
Property: 3 quadruplex buildings on the same street with separate mortgages owned by the same owner.
Sale price: 1,100,000 with buyer putting 15% down.
Owner provides a WRAP of 935,000 at a 5.5% fixed rate...
Hello,I am in the process of buying my first rental property. I have few question that needs your help. How to find a good budget contractor and good lender in Atlanta area. Any suggestion? Which loan is better standa...
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Hi I would like to know any program still offer mortgages to investors own more than 10 financed properties?t