Jason A.
In negotiations on the following deal – appreciate thoughts
Hi all – would appreciate thoughts on the following deal:Three family for sale in decent neighborhood Siding, windows and roof all replaced in the last 8 years. Some challenges: Substantial deferred maintenance on the...
Daniel Dietz
Limit to 4 mortgagess
Hi,
I was recently at a business networking event where I got to briefly talk to 2 Mortgage Brokers. Previously I have only sat down with conventional lenders (banks). Both mentioned when I ask about financing for ren...
Kyle Kieke
Questions on buying foreclosures before they go to auction
Good afternoon Bigger Pockets,So in continuing on the journey of trying to figure out how to break into real estate investing, I came across some interesting information regarding foreclosures. I have an associate w...
Kyle Pittman
Financing for residential portfolio
I am opening this discussion to see how others like myself get through the growing pains and regional banking differences.First, about me, I am a part of a 3 member partnership. We buy single family homes with the int...
D T.
Forcing a tenant to vacate in California.
After much legal advice, I understand I can't force a tenant in CA to leave (no-fault evictions are illegal here) unless they are arrested on the property, stop paying rent, or if you have a family member move in. Thi...
Alexi Schreier
Anyone investing in Marseille, France ?
Hey all, I'm an American investor living in the south of France (Aix-en-Provence). I'm interested in the Marseille area and was wondering if anyone on BP is investing there. I'm interested in purchasing single apartme...
Nicholas Weckstein
Net worth equal or greater to loan amount ?
Was hoping for some clarification on this in reguard to a commercial loan. I’m aware of what net worth is and how to calculate it. Just not so sure I understand it in this way.
So if the loan is 1million my net wort...
Alexander Kim
VA loan for multi unit
Hello everyone, I am a new investor and I am looking to get my first deal(house hack/BRRR). I was thinking of getting a fourplex or even a 5 unit out here in California using my VA loan. I just had a couple of questio...
Jerry Zhang
How to get seller onboard with Owner Financing
Hi,I'm currently working on a deal with a seller who's looking to retire without substantial savings and buying his mobile home park with creative financing. We're giving them about $90k down but after he sent the pap...
Account Closed
80/15/5 (95% Cltv) loan programs are back!
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons