Anand Khanna
Can I buy another "second home" for STR with 10% down?
Hey all,My wife and I own a "second home" in Reno Nevada which we purchased with 10% down and were planning to purchase another one, but our lender told us that we can't get another loan for a second home within ~100 ...
Ash William
Boston Zoning Help/Adding units to a Multi Family Property
Hello,
I have been kicking around the idea of using a FHA 203k loan to purchase a multi family property that would be able to add an additional unit or two and had a few questions. 1. Are there any resources availa...
Daniel H.
2nd, 3rd properties
Looking for some advice on acquiring my 2nd and 3rd investment properties. I currently have my primary residence and also a 6 unit property with a commercial mortgage. Looking to buy another property soon and maybe a ...
Priscilla Y.
Looking for commercial loan agent!
I'm interested to know more about Commercial loan and how to qualify for them. We just started looking into OOS rental properties and also looking into setting up LLC. We owned rentals here locally and wanted to under...
Michael Bonanno
Househacking with a VA loan
Hey BP,Is it possible to househack when you purchase with a VA loan?Also, how long do you REALLY need to stay in the home before you can rent it out 100%?As always - thank you for your input!
Matt Bailey
My first triplex - how should I finance? WWYD?
I have a triplex under contractShould I......25% down with 3.7-4.25% interest rate fixed for 30 years?????or15% down with 10-year fixed rate of 5.00%,20-year amortization???? If I go with the investor portfolio loan ...
Daniel Demint
No 203K on Investment Properties?
Just called a lender to get my pre-approval before looking at a HUD home for sale. Was looking at a 203K to get repair cost built into the loan. She responded that they do not do 203k's unless the property will be O.O...
Meg K.
Cant find a loan that works
This is an answer i received from the loan officer. I am frustrated because a deal i wanted fell through when the Bank that was selling the property refused my FHA 203k loan...then i tried a conventional loan. The...
Bradley Jernigan
How I financed my multi-family properties
Financing a multi-family property typically involves several steps:
1. Down payment: Ensure you have 20-30% of the purchase price for a down payment. Most conventional loans will require you to bring around 25% of th...
Christopher Berggren
Help me analyze this deal - 4 unit with upsides!
View reportHi there If you're an experienced Multi Family investor or Bigger Pockets analyzer, I'd like to hear from you with an explanation of some of the BRRRR numbers. Doesn't have to be specific to this property ...