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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...

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...

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...