I found some multi-family properties in the Rochester, NY area for around 50K, fully occuppied with multi-year tentants. I have spoken with a few lenders and no one seems willing to give loan for such a small amount, ...

I am looking at a few deals for houses that are very cheap. These houses are $40k - $60k each. The problem with deals like this is that I can't get a mortgage on them since most banks won't do a $30k mortgage. Is ther...

I'm currently looking to purchase a second home. It's a good deal and my wife and I are looking at a debt to income ratio of 44%. My question is, will we be able to get another home loan if our debt to income ration i...

Hi,    Could someone help me with how to deterimine a calculation for an investment property?   I'm looking for the formula for a 30% down, 10% interest only for 3 years, on a 5 year note.   Any help would be apprecia...

Hi BP family, I have a question. Do hard money lenders want 20 to 25% down on the purchase price or 20 to 25% down on purchase price and rehab Money?

Do they allow market/future rents to calculate? Or do they use current rents?
What ive been able to gather is that they will allow future rents if the place is vacant, and current rents if they are occupied.
Finally...

Hi BiggerPockets! My parents are interested in getting 2 manufactured homes for investment purposes, and they are hoping to get a loan for both of them combined. We are guessing that the total cost would be at most $1...

My business partner and I have collected a few residential rental properties (2-4 units) in the Indianapolis area and we are now looking to move up into commercial multifamily properties. Our strategy is to acquire th...

What can you do if you have 2 properties pad off and worth about 250 k each . I'm not talking about selling them either. Is there a way you can borrow money off them to put a down payment on another property ? Is...

View reportImmediate cash flow even with all 4 units way under market rents, long term tenants 10+ years, 5 y/o roof, new blacktop 2019, all utilities separated and paid by tenants even town water and sewer, huge valu...