Hello all,Where is the best place to look for duplexes that qualify for financing. The only ones I find are directed for cash buyers. It’s hard to start off in real estate as a cash buyer if you do not have the cash. ...
I have a single family home that I am interested in doing a buy and hold transaction but based on the selling price there really isn’t enough equity in the home to do a hard money loan so that I can purchase and refin...
Hi all! I'm looking to put an offer on my second property, a 3-unit in the MA/RI area. However, I'm just curious about lending guidelines on conventional mortgages that are non-owner occupied. Is there a minimum down ...
Hey BP,I am currently working on locating my first deal. I am looking to buy and hold and we are looking at property in the 50k to 100k range. I have A+ credit and will be able to put 20% down. Most everything we h...
With a 80% LTV conventional loan for a non-owner occupied SFR, is there a limit to how much the lender can contribute to closing and bump the interest rate up?
Good credit, 2 mortgages, looking to buy a 55K property with excellent cash flow. Is it possible? Any mortgage bankers at bp who are interested, please look me up. I tried a lead from bp but still waiting to hear back...
house selling 120,000I offered 1150,000 seller pay 5% closing costMy down payment 12000FHA 4.5% fixedConventional 4.72%House value 145,000Which loan should I do my plans are to live here maybe 3 years while upgrading ...
Do portfolio loans count toward your 10 max conventional loans per borrower? For example, if I currently had 5 portfolio loans am I limited to only 5 more loans if I go conventional now or would I still have 10 conven...
If I had enough time and am already preapproved with plenty of down payment money would a bank give a conventional loan if I wanted to live in the property a wholesaler is marketing while it's being fixed up before re...
I have a little dilemma and don’t know the answer or solution per say for this problem a friend of mine is facing. Scenario is that this person has little to no money down , debt to income ratio from what I told was n...