I am interested in getting an FHA loan for my first real estate investment property but do not want to MIP loan term. Is this a type of loan I can refinance down the line to remove the MIP? If so, is there a timeline ...
Anyone have an idea of what conventional financing terms (rates, term, LTV) are available these days for refis? We have a facility in Southern Cal that we are looking to refi out our SBA tranche (long story on why we...
Good evening all,We have recently completed our first cash purpose that we have rehabbed and are currently renting. From what I hear, there is a 6 month seasoning period until we could refinance (thus placing cash bac...
Is there a place to find Private Investors as in one person? If so, where?Any of these real estate apps? In the past we dealt with one guy, we paid a little higher interest but the ease was great. Looking at 50% LTV c...
I have been marketing my area and the leads are pouring in. There are deals I want to jump on today where a seller is willing to carry 25-50% of the property cost. My question is, who pays for the rest? I have heard a...
Hey everyone,I could use some guidance please! I am having a really hard time trying to find a lender that will finance this deal for me! I opened an LLC for my REI business and it seems that no bank wants to lend t...
I’m getting set to do my first BRRRR deal. After talking with my mortgage broker, my plan is to use a HELOC to buy the property for cash, do the needed rehab, and then use the delayed financing exception to repay the ...
Hi BiggerPockets community, Does anyone have any experience with using an FHA First Time Buyer Loan to fund a multi-family property (up to 4 units), and leveraging private funding (not hard money) from a friend or rel...
I'm looking to begin investing in the San Diego. For BRRRR investing, why can't you take out a normal loan on a home and then fix it up and then refinance it? If I'm trying to buy a SFR here in San Diego, I'm going to...
So the plan is to Buy a property with up to 4 units with an FHA loan, while also acting as my own agent. The question is since FHA requires little money down, does it make sense to find one of the most expensive prope...