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Results (10000)
Joseph Romano What Mortgage Lender Do You Use?
19 October 2021 | 6 replies

Next month I will be able to get pre-approved for my first mortgage. I'm looking at small multi-family properties. What lender(s) would you suggest if using a FHA loan or conventional loan?

Christopher Wynkoop Finance question
21 October 2008 | 5 replies

I have a simple question for some of you seasoned landlords. I have a family member that will loan me all funds I dont have available for a rental I want to purchase. After I finish all improvements and get a renter i...

Tom Camarda Is a 5 year balloon right now just suicide?
30 December 2016 | 4 replies

Just throwing it out there to the masses... Discuss!

Omar Ruiz 104 Unit Apartment Complex
8 December 2022 | 0 replies

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $4,900,000

Cash invested: $2,100,000

We purchase a 104 unit apartment complex with other investors by ...

Matthew Dunn Commercial Multifamily Financing
8 August 2018 | 9 replies

Dear BP, I had a quick question on commercial financing for my first larger deal, so I am pre approved from Freddie / Fannie for a $1MM purchase, I have literally just enough capital right now to do that, but limited ...

Dan N. DSCR Loans: Is it true they DON'T allow you to make ANY renovations?
26 July 2023 | 11 replies

Just got off the phone with a lender that was interviewed recently on Dave Meyers' podcast.Had some of the best terms I have come across so far for DSCR loans.BUTThey DO NOT allow you to do ANY renovations (maximum pa...

Chad Murray Financing dilemma: Home equity loan, line of credit, or refinance
13 September 2018 | 1 reply

My wife and I are exploring options for financing our first rental properties.  We would like to free up some cash to make improvements on our current home, move out into a multi-family property, rent the other units ...

Doug McLeod Quickbooks - how to add previously acquired asset and accumulated depreciation
17 September 2014 | 4 replies

Hi BP folks - any Quickbooks DIYers out there?I just started doing Quickbooks effective 2014 and got some help from a bookkeeper to do the journal entries from the HUD1's to add the rental house assets I purchased thi...

Sean Salandy Danger in Using Home Equity Line to Purchase Real Estate
14 January 2015 | 21 replies

I am planning to use my home equity line of credit that I received on my primary residence to put a down payment on a rental property. During the application process for the HELOC, I told the bank that I would be usin...

Mitchell Morwood Brrrr strategy thoughts
17 April 2020 | 16 replies

So I’m struggling with how much my mortgage payment will be after I refinance. If I buy a house for 150 and can rehab it to make it worth 250, that’s a giant mortgage payment. Even if I’m getting 1500 a month for rent...