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Results (10000)
Brian W. Gift Funds for Investment Property
2 February 2017 | 3 replies

Does anyone know the rules about using gift funds for investing in property? I heard you cannot. Does this rule vary by lender, state, or is it federal. Have a client that was hoping to use funds from a parent for thi...

John Acklen Typical Range of Closing Costs & Loan Costs for Multi-Family?
2 November 2018 | 13 replies

Hi All - Thanks in advance for any help you guys & gals are able to provide.  I'm starting in Multi-Family investing and building my proforma out to analyze some properties in the Midwest (Cincinnati, Dayton, Colu...

Thomas Henry Money to start
19 August 2016 | 1 reply

I was curious on average how much money people suggest having in the bank before you start investing in real estate? I know that it will vary depending on what size house/property and what market your in but just look...

Corey Schirmer How to estimate PMI when using an FHA loan?
12 November 2018 | 6 replies

Hi,I am trying to run some numbers on properties and am wondering how to account for PMI. If I use an FHA loan and must pay for PMI how would I go about estimating this number? Any direction will help.Thanks,Corey

Laleh Omaraie DTI Calculation Confusion
10 May 2022 | 5 replies

I have income from a W2, 1099s/Schedule C, and rental income on my house hack. Something about this seems to make calculating my DTI wacky; I know lenders aren’t just adding up my gross income from all these sources a...

Kevin Brown Multi-Family or Single
7 December 2016 | 2 replies

Hi Everyone,I am new to the investing scene and I am looking for some advice. I have been looking into different houses and was wondering if anyone had advice on if buying a multi-family house is more beneficial than ...

Gabriel Peterson Fannie Mae HomePath
28 January 2015 | 4 replies

I am looking to purchase a FannieMae Homepath property. Does anyone know if I improve the value of the house can I borrow against the new appraised amount  and reinvest? If so can anyone tell me how long I need to hav...

Arthur Schwartz What down payment is required for an apartment building?
25 October 2019 | 12 replies

Does anyone have insights on how much down payment is required for an apartment building?  From various sources I received very different amounts, ranging from 10% to 33%.  Does it vary with the type of lender?  Thank...

John Jacobus Shopping for Loans While Avoiding Impact to Personal Credit Score
15 May 2016 | 11 replies

I'm looking for best practices to employ while shopping for mortgage loans for investment properties (small multi-family and SFR).  My standard approach is to pursue 3-4 lenders when applying for a mortgage.  I typica...

Brennon Manske Hard Money Payments
28 April 2014 | 8 replies

We are new to the private lender concept. If you are getting a loan from hard money. The loan is set up on a 1year term. When is first payment due? Would we have to make largest payments while in rehab before selling?