Sochima Eze
Quick heloc, equity loan, and dti question
I am about a month away from closing on my first duplex in Queens, NY. The house will have approximately 300-400k equity in and I have another 120k in my residential home as well. As I read more on the forum, I'm cons...
Rolando Caceres
Exact order of the process. Newbie asking.
Hi everyone. Im a new pro member and I am so pumped to be part of the pro members team! Anyways, im trying to get all my facts organized while i save money to make my big investment for the first time. Just a quick no...
Chris V.
30-year Fixed, Conventional Loan Rates?! WTF Mate?!!
Hey everyone, I searched high and low, and I cannot find anything that clearly indicates *today's* rates for conventional 30 year fixed loans for rental properties. Do you guys have a resource? i realize they change, ...
Shannon McKenna
Seller Finance Stalking
Hey Bigger Pockets Family!I recently posted about not being able to get conventional financing because I cannot prove "stable income" (I have a pretty unconventional job/life style. But I have solid credit, and a good...
Jason Seward
Lending Advice Needed
Hello BP folks! I have had my toes dipped in real estate for several years now, but never with a focus on growing a large portfolio until recently. I've bought, rented, sold, flipped, etc all around my home town since...
Ryan Gajewski
Is 15% down unrealistic?
Is it possible to find a lender willing to do 15% down on a 4 unit? Me and my partner both have great credit scores and we expect to have some equity built in with a low purchase price. Just not sure if we’re being u...
Milind Shastri
Interested in multi-family units in North Dallas
Hello, I'm new to the real estate market and am interested in investing in a property that generates positive cash flow via rental income. I'm looking at mulit-unit properties (3 to 5 plex units) in the Richardson, Al...
Tim Carabine
First investment property
So I thought I was ready to start looking for my first income property. I'm looking to get into a multi family, 2 or 3 unit. I currently have a single family as my main residence with a conventional loan, and have abo...
Mikael Winkler
BRRRR Question
Hello all,I have a quick question about the BRRRR strategy. I am planning on buying my first owner occupied duplex in the near future with an FHA 203k loan, allowing me to roll rehab costs into the mortgage. After run...
Tayo O.
Refinance out of my FHA loan or get a 2nd, conventional loan now?
Hi BP community! So I've been researching REI for years and have been itching to get involved but I am still at the beginning of my investing journey. I bought my first home in Chicago in 2019 using an FHA loan, but i...