Jennifer McCurrach
Getting 4th 4 family financed.
My husband and I live in a house (almost 4 years) on a 30 year mortgage. We have 2 four family buildings (purchased in '10 and '14), and we just entered a contract to buy a third 4 plex. We did 20% down on our primary...
Fabiano Santos
New Members (My wife and I) also from Miami
Hi guys,We are new to this site and not even new yet to the REI (we haven't started yet), but we are very interested in learning.Im particularly very motivated to learn (listening to one podcast from BiggerPockets on ...
Elizabeth Blazina
wholesaling, owner wants to do 1031, any deal structure ideas
Hi, I am in the process of presenting an offer on a property owned outright. The seller has had for over 30 years. He has stated that he wants to do a 1031, however he does not have another property in mind yet. I...
Molly Trapp
Seller financing and child support
New to the BP community but psyched by what I’m reading. I’m hoping you all can help me out… I’ve got an owner to whom I’m going to propose seller financing to purchase his house. He has owned it for 25+ years and has...
Joseph Luma
Safety of Steep Basement Stairs
I purchased a property that has an awkward basement entrance from the side due to a small addition at one point. Unfortunately I overlooked this as an out of state purchase. My contractor built these Jefferson s...
Joe Edwards-Hoff
DTI and rental income
Hello all,
I have a pretty simple question. If I own a single home, and would like to move into another and rent the one I am in, is there any way to count the future rental income on my DTI? Or will that only work w...
Rob B.
Small Town Office Building
Hello All, My wife and I own a property management company in San Jose, CA and we're looking at buying an office building that is also set up where we could live in it. We could easily rent out our primary residence a...
Jessie Harrison
Torn on a Rental Property - Last Day of Option Period
BP, I NEED YOUR HELP ON THIS ONE. I floated a similar question last week, but now have more information. So today marks the end of my option period on a property that I'm unsure about. I stumbled upon an out of town d...
Stuart Nebeker
Lease option vs assuming a loan w/ adding some seller financing
Hello, I’ve been asking everyone what best for moving forward on this deal. Here’s the numbers and plan
3/2
1800 sqft with unfinished basement
Built 1980
Very desirable area in Vermont
15 acres (subdividable)
Co...
Shari Posey
What is minimum down these days for commercial?
Here are a couple basic questions to finance an owner-occupied 14-unit apartment complex priced at $3m...
What is the min. down payment required?
Is there such a thing as "stated-income" for a commercial loan?
(Selle...