Lori Souza
Experience gained in moving & rehab of manufactured home.
Investment Info:
Mobile home fix & flip investment.
Cash invested: $300,000
Purchased a vacant residential lot and a used 2004 Manufactured home in 2 separate transactions. Made necessary improvement...
Charles Stubblebine
HELOC
What do you have to pay upfront to get a HELOC? And is there a certain amount of the original mortgage that has to be paid off in order to qualify for a HELOC?Thank you.Charlie
Shay Burke
Rent Or Sell My Investment Property
Hello,I purchased a fixer upper a few years ago for around 10K at an auction. I invested about 25K back into it and did most of the work myself and it's appraised at around 65K now. I live in a college town and my fi...
Marty L.
HELOC WITH EXISTING LOAN MODIFICATION, POSSIBLE?
Hello BP, I have a bit of a situation and I feel kinda stuck. Hoping you guys can bring some clarity with your knowledge and experience. Here it goes! I got my Home loan modification back in 2008 -during the mortgage ...
Tyree Edward
hard money Lending..
Hi my name is Tyree,Im really curious as to how hard money,and conventional loans work. I spoke with a lender last week and he is telling me, that my credit checked out ok and i can apply for FHA 203 loan. Meaning i c...
Dave Schimmels
Rental comp calculation
What is a good way to get accurate rent comps with existing tenants based on the area? I have a duplex in cleveland with a combined 2,336 sq. ft. Are the comps from the Bigger Pockets per unit figures? Each unit is $7...
Meisha Thigpen
Long distance investing while helping aging parents
Hello All,I lived in St. Louis for 18 years and my parents, both almost 70 years old, still live in the city. I currently live and work in the Washington DC area, but I have been looking to invest back home. My origin...
Peter Parisey
FHA 3.5% down owner occupy not available anymore??
I spoke with my lender today to get pre approval for financing on a duplex that my father and I want to go in on together. Dad would be the financing and I would owner occupy so he would only have to put 3.5% down. Af...
Ryan Moore
Debt Coverage Ratio on Residential MF is not a thing, correct?
Debt coverage ratio is only for commercial loans correct? It is not a figure I need to be concerned with for purchasing 2-4 unit MF properties? Is the residential loan equivalent the DTI?
Ryan Shaw
Separate USDA Loan for Each Spouse?
Prior to getting married, I purchased a home by myself with a USDA loan. To this day my wife is not on the loan or title. We still have this house and use it as a rental, USDA loan is still in place (no refinancing)...