I have 2 homes that I bought as a package, one mortgage. I have rehabbed one of them, the other is decent but does need some work. Is there any way to refi the package together, going to a 30 year note and pulling ...
Hi BP Members,I have two loan routes I can go with : Conventional or FHA. How many people have gone ahead and bought a property that cash flowed negative/break-even when analyzed using 50% rule under FHA terms (upfron...
Hi - I am Angela. I love the BP podcast and decided I would like to learn more. We have owned a 4 unit in Phoenix since 2006 which overall has worked out but has not always been a smooth ride with the economy. We ar...
I'm new here but already learning a ton. Here's my situation.-We bought a 2bed/2bath SFH in San Francisco in 2011 for $600K which has appreciated to around $1.3M or so. We have a $490K mortgage (3.5% fixed) and a $140...
New investor here looking to figure out how to start investing and scale up to 5-10 small multi families in 10 years (ish?)… hoping the BP community can help!I am in the Worcester, MA area, and looking to invest eithe...
Question about realistic offers accepted by banks in this market. I've found a great possible property, retail value (?) about 700K, had been posted to sell at 569K, but I believe the mortgage loan might only be for a...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $90,000
Cash invested: $55,000
Triplex in SE Cleveland (D+ neighborhood)
Purchased for 90 and saw 105 for v...
I see a lot of posts about where to go for loans for commercial properties and questions about having too many mortgages and lots of people with questionable credit but good experience, lots of capital, etc...My quest...
What are some mortgage loans that I could potentially qualify for with a small income? So i have an awesome lender helping me out but I was told I could only potentially get approved for mid $200,000! My income of $30...
Hello BP community,I’m a young engineer and just moved to Connecticut for work. Graduated in 2015 and want to begin investing in real estate.I recently just purchased a multi-family house (4 units) last month using a ...