Patrick Rowe
Rental Property Analysis
I have opportunity to purchase a single family 3BR 1.5 BA 1610 Living area with a tenant already their paying $900 per month. The asking price is $65,000 for the property. I have a banker that will do a 100 percent fi...
Ryan Pearsn
Lenders supporting FICO in low 500’s @ 10% down
Need help finding/lead on a lender that allows FICO in low 500’s (510 now). I have heard based on overlays, these lenders exist (maybe even FHA vs. hard money). Specific property located in Minnesota, under contract t...
PJ Pahygiannis
I have an idea I need brutal/honest feedback on
Idea: A website that matches home buyers with realtorsThe home buyer would type in their zip code, describe their ideal/dream house, give a price range, give their contact info, etc and every real estate agent in the ...
Cameron Mitchell
House hacking/loan type
I am 18 looking to buy my first house when I graduate high school. I have taken a couple steps working towards it such as reading books and wondering BP. I have a couple questions I haven’t been able to find answers t...
Shaquanda Taylor
Hard Money Lenders in NJ
Hello everyone! I am now closing on my 3rd investment property and now I would like to use HARD MONEY to fund my next project. I spoke with one and I am trying to do more research, i know 4 points is ALOT, so can an...
Mardochee Pierre
Mortgage and Housing Data
2015 Economic Calendarpowered by U.S. & Intl Recaps | Event Definitions | Today's CalendarMBA Mortgage ApplicationsReleased On 3/25/2015 7:00:00 AM For wk3/20, 2015HighlightsLow rates are finally starting to raise...
Patrick Rowe
SFR Properties
I have a SFR property under contract and wanted to get some input on this deal. I have a banker that will lend 80% of the appraised value on a construction loan for 9 months to purchase and fix up the property at 5.6%...
Sebastien Grebonval
Mixed use multi in Lowell, MA - not sure how to caclculate ARV
Hello,
I have a potential deal in downtowb Lowell, MA for a mixed used building (1 office space on 1sr floor rented for 950, 1 apartment on second floor, gutted. I estimated the rehab cost to 65k to turn the apartmen...
John Horner
Banker told me SFH rentals are as bad as printing companies
I met with a small local bank this week working to refi some SFH rentals that are paid for in cash. This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...
Michael Marston
MHP western NY
Anybody have property in Western NY? I have looked at MHPs in PA, OH, NC, and now one in New York. Are your taxes exceptionally high in that area?