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Freddie Mac / HomeSteps
Is anyone familiar with Freddie Mac lending guidelines and/or HomeSteps Financing?I’m looking to finance my 5th property (I have 3 rentals and my primary). It is a Freddie Mac HomeSteps home. I am getting very mixed...
Miranda Crown
SFH 6mo lease conversion to monthly
Do you have any general guidelines you follow when converting from a fixed lease to a monthly? We are renting out a SFH with a 6mo lease starting 11/1/13 so that it will end about the time we can decide if it's wo...
Eric Bilderback
Fourplex FHA finance as a non occupant owner
I have a buddy who is looking to by an fourplex with an FHA loan I would be his realtor which is awesome. His mortgage guy told him that I could by this place with him on an FHA loan. I would have to apply for the lo...
Shiloh Lundahl
Need help finding a bank in SoCal to refi a rental with an ADU
A friend recently shared with me that she is having a really hard time finding a bank who will refinance a rental property that she ownes in Monrovia, California. The property has an ARV of 650kShe has a first positio...
Chris Piette
Leaving active duty, VA home loan/funding difficulties
Good afternoon BP!As the title states I am soon to be leaving active duty with the Marine Corps after 8 years and will be moving back the the great state of Wisconsin, Green Bay to be specific. Scenario:I have about 8...
Alexis Brown
How the heck am I supposed to estimate Reno cost?
Anyone want to recommend Contractors in the St. Petersburg, Fl.
Jimmy Martz
HUD delayed financing exception in OKC
Hey guys!I read this article(link below) by @Andrew Syrios and I have talked to several lenders that I know in the area about this. None of them have any experience with this or have even heard about it. The premise...
Eddy Ramos
Financing from Local Credit Unions in South Florida
I am looking for local credit unions in South Florida where some investors have had success with so far. Wondering if someone may be able to share their experience or the local credit unions that understand Real estat...
Dylan B.
Using private money to purchase rentals
So I have started listening to the podcasts on BP and I hear them discussing using private money along with bank loans to purchase the properties. I operate my rentals and some flips under an LLC and am able to acquir...
Ryan S.
Convert Hard Money Lending into conventional financing
Hi all - thanks in advance for your help.
I'm interested in purchasing a 2 unit rental in PA, and have an investor (friend) who is willing to lend me cash to purchase it. After a self-funded renovation, I'd like to ...