Ruben Jimenez
How to Brrrr under a LLC
How do I qualify for a loan for my 1st LLC owned property?
Rachel Payton
Insuring a 100 year old apartment bldg
I'm working with a company who owns a small, 19 unit, senior and low income apartment building. The building is 100 years old, but solid with regular maintenance and updates. HVAC was updated this year. They are DESPE...
Scott Goulet
5%-10% conventional loan issues
All, I am an Investor/ Real estate agent out of Broward county in South Florida. I also have a w2 job and have worked there for 3+ years. I own a 3 bed 2.5 bath townhome which can rent for about $1500 per month. I am ...
Mike Neyman
How Much Would You Pay for this Deal?
I have a property under contract that I plan to hold as a rental, but have started thinking about wholesaling it to another investor. I've never done that before so I'm curious to see what investors would pay based o...
Stephen Burke
Creative financing for triplex from my parents in Texas
My parents own a triplex here in Texas worth about 120k, it needs some capex and rent hikes. Conservatively, rent with little improvements and repairs will be 2200$ in this market and higher with upgrades. I am in th...
Craig Wurdeman
Cash out refiance
I am new investor. I just purchased an investment property in Texas with cash using a line of credit. The only lenders I have found so far will do a loan for 70%, based on purchase value and documented reciepts from...
Ivan Jimenez
FHA Move Out - Second Property
So I closed on my first duplex property 2/8/18. I was able to move in after the tenant had left the premises. I just moved someone into the top unit 3/1/19 and switched utilities to there name. Looking for confirmatio...
Tim Smith
Apartment loan of $300-500k for First time investor
Which lenders work with first time apartment investors?I gave gross annual income of $87,000 and a stock portfolio of $520k. I am only 26 but my job is financing apartment buildings. This is literally what I do, but I...
Keith Kennedy
1% Rule? 2% Rule? Help!
Are these two separate rules of thumb? Writers have opined on this forum before on this topic, but I remain confused. Rules are made to be broken, so how far do these rules extend? Assuming they are different rules, ...
James Petry
loan options
Good morning BP! I would like to get some input on my problem. I have been pre approved for a fha loan for an investment property with the typical 20% down and min withdraw of 30k. My situation is the best options for...