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Results (631)
Thomas D. I this illegal to do with my condos?
12 September 2018 | 78 replies

Reposting this in a bigger forum for feedback:I own 7 condos in a complex close to a local college. They were all bought for under 100k and are worth 150k now. My uncle who invests in property says I should post 2 of ...

Daniel Green Not enough income for conventional mortgage
8 July 2016 | 20 replies

Long story short, my wife and I found a great deal on a duplex that would easily cashflow $600+ each month. After viewing both units and talking it over, we decided to go for it. However, when we talked with our lende...

Andrew Postell HOW TO: Avoid the “DUE ON SALE” Clause
28 April 2024 | 20 replies

In continuing with my “HOW TO” series I thought I would post on a topic that has reared its head again lately – the notorious “due on sale” clause (key terrifying music). Every few years this will get talked about an...

Nathan Harden Asking for Private money
20 January 2023 | 20 replies

When asking a private money lender for funding, do you suggest amortizing it over only the course of the loan or do you try and structure the contract so that it has a 1 year balloon with a longer amortization period?...

Matthew Swisshelm 2-3 Year Business Plan For Newbie REI
24 July 2015 | 22 replies

Good morning everyone!Today, I'm going to lay out the REI plan that I intend to follow over the next 2-3 years. In doing so, I hope that you fine members of BP will troubleshoot any short-comings that I do not see.Thi...

Rudy Manna Refinance Hard Money Loan
21 December 2016 | 28 replies

I am buying a fixer with hard cash loan. HML is giving me 90% of purchase price and rehab cost as well. When I refinance with a bank in few month later will the bank lend me 80% of purchase price or it can be 80% of A...

Peace Lily FHA denied the mortgage from 2-family Multi to 3-family Multi
8 April 2020 | 31 replies

Dear BP Members,I have a question and hope to get your advice.  I lived in a 2-family house for one year on conventional financing as my primary residence.  I recently just moved out and rented out the whole house.  T...

Michelle Chevalier Confused about conventional versus DSCR
9 June 2024 | 18 replies

I am trying to purchase a second SFH investment property. I have one SFH rental that I purchased in 2021 using FHA (it was my primary residence at the time). I am trying to get a conventional loan this time around for...

Chase Hoover Vacation Rental Financing 10% Down?
8 February 2022 | 35 replies

I decided to post this in the STR forum instead of Loans because I think we'll get better responses from those of us in the STR world.  In recent podcast #364, Avery Carl discussed her ability to purchase vacation ren...