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Results (10000)
Simon K. When will banks stop giving you mortgages? How do you avoid this?
17 September 2020 | 8 replies

Hello,I'm starting off in real estate investing - soon to make my first purchase. I want to own many properties, but at what point will banks stop giving me loans? How do I avoid this?I was speaking with an investor a...

Preeti Sharma House hacking - Owner or family member occupancy
26 September 2023 | 7 replies

For house hacking on multifamily, can a family member occupy the property as a proxy (children of owner)How do the law ensure owner occupancy?I am new to REI so weighing in various options and thus stupid questions

Nathan Waters Profit and Loss Statement on Rental Properties.. Mortgage?
21 June 2024 | 11 replies

When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...

George Moehlenhoff First Flip Blog
24 October 2011 | 23 replies

So I should be closing on my first flip next week. I am going to do my best to give back to this community by blogging as much as I can in this topic concerning my first flip... This will also be an easy way for me ...

Josh Dillingham owner occupied triplex with 10% down?
10 October 2015 | 9 replies

Just placed my first offer today.  It's a triplex in a short-sale. The asking price is 15% less than the assessed value and I offered 5% less than that, so it is like the bank won't go for it, but we'll see.  My agent...

Keith N. How to get Owner Occupant Financing for an "Unwarrantable" Condo
13 August 2015 | 9 replies

Hi All,I've been looking to make my first purchase for a few months now.  I finally found a seller who is willing to give me an excellent deal on an off-market condo.  I would be purchasing this condo for about 65K, w...

Tae Young Lee Just Bought My First House in the Bronx!!!
9 February 2017 | 23 replies

I just bought my first property in the Bronx, north of Foxhurst. It's an 8 bedroom duplex, and I got it through a VA loan for $550,000. It took months of looking, a bunch of rejected offers, but I finally did it! Than...

Robert Rutledge DSCR Lender Suggestions?
4 January 2024 | 12 replies

I've been in touch with a lender for a DSCR cash out throughout the rehab process on a purchase through an LLC.We are now ready to move forward, but the terms have now changed.Before proceeding, I wanted to check in o...

David Noskiewicz Veteran in need of Help!
11 October 2016 | 8 replies

I am a 30 year old Marine Corps. (9years) Veteran, I was quite embarrassed to start going to school a couple semesters ago, but after reading a couple books (of-course Mr. Turners, as well as Rich Dad:Poor Dad) I  lit...

Tyson Jordan Question About a Bank Loan
16 February 2016 | 5 replies

Hi,I am prequalified for a bank loan and will be closing on my property I have under contract.This is my first bank loan. When do I need to wire my down payment to the title company? Can I do it the day before closing...