Trevor Neale
Getting a conventional with 5% down?
I have an Fha 3 plex and I am ready to purchase another 3 or 4 plex but every loaner wants 20-25% down. Any other way I can get a 5% down loan?? Plz help
Dooreuhn Cee
FLIP OR HOLD? When does a rental turn into a flip; when does a flip turn into a rental?
I'm working on a SFH rehab that was intended to be a long term rental. Without going into details about why, I ended up making the house nicer than expected of course spending more than expected (about 100k total [50...
Kenneth LaVoie
Selling multi units via lease option
I have 48 units I'm considering selling (12 bldgs from SFH up to 11 units) ( see www.RealEstateMe.com
I have someone here on BP that is inquiring about "land contracts" (which I don't think are used very ofte...
Roselin G.
Hard money lenders
Hello,Still learning options for financing with hard money lenders.How does hard money lenders typically deal with foreclosed properties? I have a property I'm looking to fund. Thank you for any feedback!
David L.
Given equal numbers, would HELOC vs Cash Out Refi be the same?
So, here's what I mean:For simplicity sake, lets say both a HELOC and Cash-Out Refi have the same rate and I'm ignoring any closing costs. If I paid the same amount of money in the same amount of time, would either o...
Kyle Rigonan
Redo appraisal due to no double strap water heater?
I just recently got a text message from my lender stating that we needed to do another appraisal because there was weren't double straps on the water heater and no smoke detectors. I'm currently in California in the p...
Henry D West
How did you get your first financing?
So I am wanting to get started in real estate investing in Columbia SC, I am coming across loads of deals which interest me but I never want to commit because I am worried that I won't be able to finance them. I have ...
James Shen
How to properly approach financing properties for LLCs
Hi BP Community - I feel like I have a decent grasp in regards to the mortgage process when it's dealing with a typical mortgage bank / lender, however, much less familiar when it comes to receiving financing when pur...
Zac P.
Rent to Own or Lease Option Business
My question is for the people that work a lot in the "rent to own" part of real estate. I love the idea of giving people the option of home ownership. I also like the idea of getting a sizable option deposit, recei...
Gustavo Alvarez
DSCR Loan Prepayment Penalties
Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the ...