I currently own four rental properties and am considering refinancing my current fha loan to an investment property loan. If I did this could I use an fha loan to acquire a fifth property? I vaguely remember there’s a...
Hello BP community!
I am a pharmacist full-time investing in real estate on the side. And as you can imagine, I have tons of student loan debt. I currently pay about 7% in interest and am trying to select a company ...
Have a question that may be complicated... so I bought a property sub-to (current mortgage is 458k) I am going to sell the home on seller financing to a retail buyer for 699k. They will put 120k down amortized over 30...
Hello, How do you get a mortgage payoff statement when refinancing or selling a property acquired through a subject-to? What if the mortgage holder is not cooperating? Mortgage companies can not disclose information a...
Good evening everyone.
So I own 13 free-and-clear SFH in C/D class neighborhoods net income of 30k. With 6 properties as collateral local bank offered me 100k with 6% interest. (this portfolio lending I think)
My opt...
Hi all,I purchased my first property a little over a year ago. I've been living in it, and plan to purchase my next property soon to continue with house hacking. Once I find my next place, I'd like to put my current p...
Hi BP'rs! I'm a new investor looking to get started in RE but I have a question regarding refinancing when doing a BRRRR ...When refinancing the home, is there a way to estimate your closing costs and fees etc? Also, ...
I am considering refinancing my former primary residence that is currently a rental due to an overseas assignment with the USG. I plan to move back into the property in August 2020 when I move back to the US. SDFCU wi...
I was checking in with a lender yesterday to get an updated feel on where commercial real estate loans are (refinancing a paid off SFR). He mentioned that one of the new questions being asked if you accepted a PPP lo...
I'm basically a "Pre-newbie". Have been following Bigger Pockets for a while and am looking to get started in Real Estate in some fashion.My wife and I currently live in a condo that we own (bought for $255k, currentl...