Brendan Chisholm
Fannie Mae Homestyle Loan Purchase
I wanted to use this month’s blog to stray a little bit away from the apartment investment content. This month, I will focus on residential real estate. A goal of my wife and I was to find a new home. In particular, w...
Dione Branch
Experiencing a few bump and bruises
Hello, my name is Dione Branch. I am a Realtor and Investor in Chicago. I've been working with multiple investors and felt it was now time to start myself. The first property we ( my family and I) purchased was...
Peter Roehrich
Need Some Advice on Questions to Ask
Hi everyone, I'm a new investor looking to buy a lot and put a house on it to then sell. I identified several projects and I'm getting ready to look for funding for one of them. I'm wondering: what questions should I ...
Seth Myers
Commercial Loan Process & Qualification
Hi everyone,I'm interested in Multi-Family apartments in Grand Rapids area. I'm just curious the process of getting a commercial loan when using syndication. Having investors pool their money for the down payment and ...
Mary B.
SAY GOOD-BYE TO HUD-1
Greetings BP,I'm not giving any advice here, legal or otherwise, just sharing a reminder / FYI as October 3rd rapidly approaches, which is when the new TILA-RESPA amendments goes into effect. I've included a few links...
Spencer Elliott
Keeping Land Loan separate from site prep and home loan
Long story short, land is on loan and I’m purchasing a manufactured lot as a temporary home/future ADU to my final build. The rate the manufacturer offers is 4.8% which is why I am going through them. The bank they ar...
Olivia Evans
Loans equivalent to 203K loan but without using FHA
Hello,Gathering some more info here before finalizing my investment strategy and curious if anyone knows if it's possible to use something like the FHA 203K loan, but on a traditional loan instead. I've heard from the...
David Goodman
Is interest only financing the way to go?
Hey yallI'm finally seeing some inventory on the market! A client of mine found a great east Nashville development going up for a good price. 4/4 townhome listed around $735k in a great part of Nashville. Although we ...
Alex Molina
Need help calculating final buying costs based on HUD
I have a question, I'm closing on a flip next month and need help with my final buying costs based on my HUD. I've done the calculations, but my numbers don't add up. --------------------------------------------------...
Joshua Cole
Was I mislead in a deal involving cross colateralization?
Hello,I recently had a deal fall through that I need some advice on. A property that I own was on the market. An offer was received that I accepted. On the initial agreement, it clearly stated that the buyer was go...