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Hey everyone,I was wondering if anyone has particular knowledge of the Fannie Mae Homestyle Reno loan: Specifically, how does it compare to the FHA 203k loan when grouped together with FannieMae HomeReady? What are th...
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We are looking into a 60 unit project. Our commercial lender typically offers a max amortization of 25 yrs. Would you recommend we make connections with a longer term lender that can offer a 30 yr amort? Overall purch...
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Hi guys,my partner and I a re looking at a MF deal that has some value add and the numbers make sense.The deal has a caveat though. There is an existing loan on it that has a "yield maintenance prepayment penalty" tha...
Hello Everyone!I recently discovered the BiggerPockets book series and website. I am currently reading the book series and learning everything I can. I'm really glad I found it because I have been interested in real...
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Im getting into fix and flip real estate and working with a private lender who requires a higher credit score than mine to qualify. I have a cosigner willing to help, but Im unsure whether they must be in my LLC...
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Hi all,I am leaving my current company in October and would like to find out what the best way to use my 401k for down payments is. I like the flexibility of being able to take out 401k loans, are there any products ...
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I am looking to acquire a triplex (rental property) that needs a significant amount of work. I will need to pull a loan to mortgage the property and to cover the cost of the renovation work. I am finding that the bank...
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I have 2 rental properties one has 78k loan left on it Appraised for 170k last year. The other was my primary residence until 2 months ago before I turned it into a rental. I have not had it appraised but with recen...
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Are there any reputable lenders today allowing 80/20 combined loans? There's all the talk of purchasing properties with the lowest down payment. I've found a few sellers who are willing to carry a 2nd for the 20 - 2...
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What is a turnkey investment? What is a turnkey project? Are these two the same? Or are they different? And I know its an alternative to buy and holding properties but could someone explain to me also how "buying n...