Jose Quintana
FHA 203k loan.
Hello everyone.
I'm looking for information about FHA 203k loans and what are the steps I should take in dealing with a contractor. Should I have a checklist of things I would like them to check or can I tell them wha...
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Loan for comm property owner to renovate an existing store?
I have 2 outdated storefronts that need to be upgraded and potentially combined into one store.I don’t have an official estimate yet but im assuming it’ll be in the ballpark of 30K-60K.My mortgage is private and I'd r...
Christopher A Wells
Using A VA Loan To House- Hack And BRRRR
Hello everyone whoever checking this out but I was just wondering if there were any Vets that has used their VA Loan to build wealth? There is also a VA Reno loan that I know that can be used now but only so many lend...
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Evaluating 2 Fourplexes
A seller has two separate fourplexes for sale (each have an MLS listing). I'm running numbers to see if I can buy them both together as one deal. The fourplexes each have their own lot and are on the same street. T...
Angela DeBorja
BRRRR Calculator Analysis help
Hello,I'm trying to get practice with the BRRRR calculator and I'm having trouble! I'm trying to practice with numbers if using a HELOC for the entire purchase and rehab. I also want to practice analysis with a combi...
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advice onfinding a loan w/ one year's tax returns, self-employed?
My spouse and I want to find a loan for our first home purchase. We are self-employed and 2016 was our first year of business (so we have no returns from 2015). I have been told that Freddie Mac loans can be approve...
Breelon Bryant
Any Idea on Buying two Side by Side townhomes for house hack?
So in my market there are 1 parcel split duplexes ( they were sold individually but its one building) and I want to buy the full building as a duplex. My problem is I don’t know if there is a way I can talk to both se...
Ming Tsai
Sell-then-buy or Buy-then-sell?
Hi BP experts,Me and my wife are currently living in Bay Area, north Cali. Our primary residence, a 2br/2ba condo is appraised at about 800k, with less then 100k mortgage remaining. We found a 4br/4ba townhome close-...
Frank J.
203(k) Loan Question
If purchase a property with cash due to seller distress/quick sale and then attempt to utilize the 203(k) loan to rehab is it considered a cash out loan if you want to end up with less money down than you paid for it?...
Steve Hiltabiddle
Private Lending - Business or Personal loan classification
I have an interesting lending opportunity that I have some questions on. Hoping to get some feedback.
Owner is an older gentleman who has moved out of the subject property and is now living elsewhere. Now that he is...