In the fall of 2020 I did my first deal using the House hack strategy. I bought the place with my friend and have lived here for a year. We did a lot of renovations and with the price increase in the market we should ...
Hi experts,I'm a beginner investor looking to purchase properties under an LLC. Is it even possible for me to get a DSCR loan? Or is my only option a conventional loan? Anyone can recommend a lender for DSCR or even c...
I am hoping to use a HELOC (or home equity loan) for down payment and conventional loan to fund my first deal. Still looking for the right deal, but I want to get my funding lined up and ready to pull the trigger. I'm...
All,
I recently applied for a mortage on an investment property. There was a small non-refundable fee for application. I went in thinking there was absolutlely no way it could be declined. I have perfect credit. Me...
Looking to get into my first rental thinking house hacking would be the best start. Is house hacking even a possibility in smaller areas such as Salisbury and Lexington NC. Any information will be appreciated and than...
I am currently using a portfolio lender (Union Savings Bank) to blanket investment properties for rehab and resale. I have decent W2 income and am beginning my transition toward full-time investing. My current strateg...
Hi,My name is Peter and I am 24. I have a two friends who have similar goals/aspirations and we would like to start investing in real estate. We are trying to read everything (books, forums, etc.) and listen to everyt...
Question: if you buy, renovate, rent, and then refinance your investment properties, who do you have success with as the new lender on the refi. Conventional Banks? No specifics, just categories. Thank you.
(Florida
...
A friend that has a VA loan, is behind more than two years of mortgage payments. They have already filed bankruptcy, which I believe has allowed them extra time to catch up on back payments. I'm not sure on those deta...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Worcester.
Purchase price: $554,900
Cash invested: $138,000
Three Family with 10 Bedrooms located near Clark University an...