David Cornett
Reasonable terms for seller financing
Hello,There is a SFR on the market (1200 sqft, 3b/2ba). Sale price is $78K but the seller wants to finance the deal, requiring 5% down and $850/month for 20 years. This translates into $204K over the life, in additi...
Brittney Housley
Hard money lender vs conventional
Hello, we are looking to purchase a turnkey condo to rent out in the Westminster/Thornton area. We are ok with updating appliances and maybe some other minor work. I feel like this is a good place for us to start. My ...
Charles Coaston
Do these terms sound right to you guys.
Biggerpockets,I just bought a home through conventional financing a few months ago. Now I'm looking at a duplex that I want to get a conventional loan on but make it my investment property. In order for me to get this...
Kenneth Croisetiere
Help Needed: creative financing to buy SFR w/ equity in VA
Good morning fellow BP’ers!!! I’ve stumbled across a slightly distressed SFR within a few miles of my house. I’d like to use the BRRRR strategy and turn this into a rental. It could also turn into a flip if needed ...
Jermaine Freeman
Newbie looking for finance options
Hello BP peeps,I have a conventional loan on my primary residence that did not require me to put down 20%. So if I get a 2nd mortgage for an investment property, will it require 20%? I have good credit to acquire a lo...
Peace Lily
Portfolio bankers/lenders with no PMI
Hi All, I am a newbie in BP forum. I have been listening BP podcast for over one month and it has been a great learning experience. I hope to learn more RE investing from everyone here. I have a question. Does anyon...
Akshay Bhaskaran
My BRRR Deal! ;)
Below is the thorough analysis of my recent BRRR deal. Let me know your thoughts:Buy:- It was an off-market property, and the asking price was $232,500- My hard-money lender said he'd finance 80% of the as-is property...
Gabriel L.
Can you use FHA 3.5% DP multiple times??
Hello BP community,
I'm getting into real estate investing with the buy and hold househacking strategy and planning on going the FHA 203K route.
I know if you're a first time home buyer you can get away with 3.5% do...
Miguel Maria
How to get a loan with no dti?
Hi. Even though I am not new into the real estate business I am having trouble to get financing for an investment property I own free and clear for which I want to do a cash out refinance in order to buy more propert...
Eileen L.
Refinancing fees for 30-yr Conventional Loan
Looking for advice...I'm currently refinancing out of my VA loan at 2.75% to get a conventional 30-year at 2.875%. The reason I'm even doing this is because I now have over 20% equity to avoid PMI fees and free up my ...