Remone R.
Investing in multifamily properties the right way
So me and my fiancee' purchased a fourplex back in february for about 500,000 as owner occupied. Since purchasing we've completed a number things maintenance etc. including raising rents--Unit 1 $1300 Unit 2 $1300 Un...
Doug Karkow
LTV Lenders in Cedar Rapids Area
Hello BP community!! Is anyone aware of a lender in the Linn County or Johnson County areas that will lend based on appraised value (LTV) rather than on cost (LTC)?
Ariel Lisogorsky
80/10/10 mortgage MA
Hey there BP mortgage experts, I am trying to buy a property (2 family, in MA) with one unit being owner occupied. The seller insists on 20% down in the offer. My mortgage broker is offering an 80/10/10 loan. Can this...
Maddy Lakshmanan
Restoration loan guidance
Looking to buy an investment property (40+ year) that requires significant repair
Is it worth investing in such, or wait till I save money for a better house? What are the things I should lookout for ?
Are restorat...
Austin Stuart
gift of equity rules? 1st purchase very green
As the title says quite new to the world of real estate. I’ll try to keep it short and too the point. I would like to purchase a home from a family member in the next 6 - 8 weeks. Home hasn’t been appra...
Christopher Lynch
Looking for a Hard Money Lender ( Rhode Island)
I am looking for recommendations for a Local hard money lender in Rhode Island to connect with to fund future BRRRR projects. If possible, I would like to find a hard money lender who will fund the deal along with the...
Michael Fucillo
Avoiding Capitol Gains Tax
Hello! I’m hoping someone here has been in a similar situation and can offer some advice. This is regarding my primary residence (in NJ).The home I live in now was purchased about 6 years ago with a HELOC on my fath...
Alex Migotto
Cash-Only Deals the new way???
Hello investors!
The average mortgage rate for a 30-year fixed is 6.58%, more than double its 3.22% level at the start of 2022. Do you guys think that cash-only deals is the new way to invest?
Mary Clark
refiancing 7 houses to a lower rate
I am in a quandary. I have 12 SF homes in the Houston. I have some that are paid off and some close to paid off. I have 7 homes that are owner fianced that I need to get a competitive mortgage rate on. I do not kn...
Brian Volland
How Do You Force Appreciation/Finance Reasonably priced MFRs?
Posting here because it's really a financing question. I've found a few properties in my area that are "retail priced" but have areas that have been ignored by the seller which could improve cashflow to a worthwhile l...