I have a few single family long term rental properties and am looking at purchasing a larger commercial property. My realtor advised what most investors do is pay cash for a property, then get a cash out refi after th...
The Robuilt email today talked about acquiring an STR without any money by simply taking over the existing note from the owner. I can see some people going for this if they are in a bad situation and need the money, b...
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Check it out.......https://docs.google.com/document/d/1sznc5WkhNhsl7Y...Purchase: 67k Rehab: 33k Rent: 1125/mth
BRRRR: Refi with commercial LOC @ 85%LTV, Appraisal came in at 130kOn to the next one.....
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In the forums, I've seen some confusion about how affordable housing is defined. For some it means anything below market rate and for others it means LIHTC or Section 8. From a lending perspective, affordable housing ...
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What is the difference between buying Subject to financing VS Quit Claim Deed (Quit Claim if you've done your title search homework) from a liability standpoint? Are there pros and cons between the two documents (resp...
Hi there, I am currently looking at expanding my portfolio, but with a smaller budget, and two single family homes on the books already, I am looking to get creative in acquiring my next property. There are a few (app...
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What do you guys think of bank statement loans? Typically a lender needs to see 2 years worth of taxes, but I'm freelance and had my accountant minimize my tax liability and now I wont qualify for a 2nd mortgage.I was...
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Now that I have found the market I want to invest in and also the property type I settled on looking for, I am intrigued to learn more about the type of loan I need to qualify for. I want to purchase a small multi-fam...
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Hey BP community!Something a lot of homeowners, and even investors, occasionally forget about. PMI...If you put less than 20% down for your home when you bought it, you’re likely paying PMI or private mortgage insura...