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I am a wholesaler/flipper in general...so on wholesale side I get paid by assignment fee. But how can you get paid legally if you have investor buying a property if they use conventional loan. I don't think you can do...
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It is my first investment property purchase contract for a duplex. I am looking for my options for financing for better cash flow per month.
The property is worth 110k and am putting down 20%.
I have 750+ credit scor...
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I asked a question on Bigger Pockets if there were any better options than FHA loan for a multi-family home. A member said I could use a portfolio conventional loan 3% down payment to buy a first multi and then still ...
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I have a property in San Antonio, TX currently undergoing renovations to make it safe in preparation for a tenant. It seems like I chose a desirable area to live and around the time the reno should be done (week of Oc...
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Hello,Can the BRRRR method still work fine if you don;t buy the home all cash. For example can I get a bank loan to buy the property with putting down 15% and then fix it up and finally refinance it?Thanks, Horacio
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Hey all, new member here.Doing BRRRR in Ontario, have four small multi-family (2 duplex and 2 triplex) so far.It looks like I'm going to run into an issue with getting bank mortgages soon. They are complaining that I ...
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My husband and I bought a duplex a little over a year ago with an FHA loan and a 3.5% down payment. We are itching to buy another multifamily property as soon as possible. I am starting to think about refinancing our ...
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Hello,I'm on the tail end of a SFR rehab and getting ready to cash out. The house was purchased with Cash using HELOC funds from our primary residence. (teaser rate of 3.75% through november) I'm 1 month away from th...
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Hi All,
I am looking to get a six plex and I am qualified only up until a 4 plex loan. The loan officer says anything above a 4 plex would need to be a commercial loan but I do not want to go that route as they come ...