Hey BP,So in May I bought a property that was a 5-bed, 3 bath Single Fam House when I bought it, but has now been converted into a 4-3 with an in-law suite built in. I am going for a refi now.....We ordered the apprai...
I have been in contacts with local banks for over 4 months now in hopes of building a partnership that follows the new ARV (Appraised Rental Value) after renovations. Here's some of my observations...1. Banks usually ...
I am looking for 80% LTV. I have 15 properties already and have maxed out on countrywide, bank of america etc Am looking for newer lenders. Stated income, no owner occupier, no seasoning (normally refi within a month ...
This is my original post: Please see update below:I bought a single-family house (SFH) in the Dallas Fort Worth (DFW) area from New Western Acquisitions in June of 2019, and my experience has been bad and horrible. I'...
Hi, all,
Can anyone with experience in this help answer this question:
Will Lenders conventionally lend on a triplex zoned as SF in San Antonio?Specifically, it’s a duplex with a separate 3rd unit on the property in...
Good evening BP I currently own four homes, one I own free and clear and would like to do a cash out refinance to purchase more rental properties. Under my mentor he suggested I put the home I owe free and clear into ...
We are looking to buy a 2 family home in Westchester, NY. City records state it’s a code 220(2family) but in reality there is a 1st, 2nd and 3rd floor apt. All 3 floors have different entrances and they all have their...
Good Afternoon! I have an opportunity to purchase 3 condos, two of which are directly on top of each other and the third right beside the upper-level one. I'll be happy to share all of the details, but two would be bo...
Hello Everyone,I am new to RE investing and am closing a deal by end of next week. I was almost a victim of mortgage scam and wanted to share my experience here so that it can help new investors.Background: I closed a...
Hey BP!wanted to gauge advice on a property I’d like to purchase as my first with the VA LoanPrice: 330,000 PITI: $2,167/moProperty in Cheyenne Wyoming. This is a 4/2 with a large fenced in backyard with a 2 car garag...