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Looking for some advice and ultimately, a lender to fund.Situation:My business partner and I have multiple LLC's together. We currently own a commercial building that used to be a Huntington bank that we have convert...
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My wife and I are considering taking advantage of a 3% down conventional loan to buy a multi family. However, it’s my understanding that you need to move in with so many days after taking possession of the property.Do...
Right now Fannie Mae has a rule about not backing a mortgage on a condo if the HOA has more then 50% of its units as rentals.I have a rental property in this situation. There is lots of equity (about $80,000) and I w...
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So I know there are many Dave Ramsey fans in here, and I am currently using the debt snowball to attack my debt and since August I have been able to take out 17/33k debt. After my next credit card of 5.5k, I will have...
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Hello Everyone! Here is the situation... im anticipating an appraisal of 290-300k for appraisal. I have end buyers with fha and va loans that will purchase property above appraisal (est. 350k) but do not have the dif...
Hello everyone,
I'm originally from Columbus, GA, now residing in central Texas. I have a huge family back in Columbus,GA-Phenix City area, and looking to start my real estate investing there.
My mom owns a home i...
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Hi BP folks,
My husband is in the military and we are planning to begin our real estate investing endeavors with an owner occupied multi family unit somewhere in East bay (Bay Area, CA). Assuming, of course, that I c...
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Hello everyone,
I need some advice. I have a situation that I want to take advantage of but I’m not sure how to go about it. My wife’s family owns a home that they would like to sell for 690,000. I don’t qualify fo...
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Hello Everybody,
Real estate newbie here with some questions regarding how to finance an investment property with high DTI.
A little about our financial situation, I am currently a medical student and my husband wo...
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I am investigating the possibility to buy a previous landlord's local portfolio. Most of the properties are in the $30,000 -$40,000 range. While I have cash to purchase it (via HELOC and similar). I would like to f...