Genevieve Anderson
Financing a duplex with under 25% down?
Hi everyone, quick question. Does anyone know of a lender who would do under 25% down with a 30yr term for a duplex? I’m in New Orleans, Louisiana bought a duplex last year with 25% down (purchase price $195k). Put i...
Christopher B.
Roofing is hurting my BRRRR
We purchased our first Investment property, and it was a decent 4 unit deal. The seller, a realtor, was asking $99K, we offered $80K, and landed on $86K. Marker value was ~$108K. After our repairs and improvements,...
Alexander Harrell
Initial Financing Questions
Hi, All~ Thanks for looking at this question. I am looking to put the least money down and will be using this property as a personal residence for at least a year and then either selling as a flip or establishing a lo...
Sly H.
cashout refinance a commercial property
I have equity in a commercial office building I purchased in Louisiana. Where can I go to get a cashout refinance? or is there a way to receive a second mortgage on the commercial propertyThanks
Vincent Crane
Can you buy a wholesale deal with traditional financing?
I'm wholesaling a property and there are some potential buyers who don't have all cash. I'm wondering, can I sell this deal to someone with traditional financing or can they use hard money, that would then pay me my a...
Neel Iyer
ARM versus 30 year fixed
My goal is to get a conventional loan to buy and hold a single family rental to generate a positive cash flow. I am looking for a rule-of-thumb or general advice, not specific to my situation because there are so many...
Stone Teran
Lifespan of an appraisal?
I went for a refinance over 2 multi family properties and we ended up refinancing one and the other was left free and clear. Now I want to get a refi on that free and clear property and use the 20-day old appraisal I ...
Andrew Martin
What are my refinancing options?
Hi,
I am looking for a little advice on refinancing two out of state properties in hopes of lowering my interest rates. With interest rates currently low right now I feel like now must be great time to pull the trig...
Kristin Whitfield
Looking to purchase a 16 unit for $500K...Need help with Creative Financing
Hi all We are looking at purchasing a 16 unit Building. We have $20k to put down and I need some ideas for creative financing. the property is a foreclosure and the previous owner purchased it for $750k. It is well...
Account Closed
Pretty House Sub2 deal
I get a fair amount of calls from sellers with little or no equity. Usually their loans are so bad and/or the house condition is not great, so I'm not able to see a deal. I have one in front of me now that loo...