Neil Da Silva
5% or 20% Downpayment? Which must I do?
Hey guys,Question: I want to buy a duplex in Ontario. I'm thinking of purchasing it in my personal name and live there so I can put down only 5%. I really don't want to have to live there thought, I rather just rent b...
Lynn Z
Self purchase of PMI - Orman
Suzi Orman keeps touting purchasing your own PMI before closing when putting less than 20% down. Has anyone here ever done that? Just curious how you locate the companies etc.
Account Closed
Building Reserves
Does anyone have any creative ideas on building reserves? I want to purchase a 6-plex but I need reserves for security. I am looking to purchase the 6-plex early next year and am looking to implement any valuable sugg...
Jonathan M.
IRA to real estate investment portfolios
I'm considering rolling all or part of an IRA into fully-passive real estate investment funds.
I'm personally interested in single family and small multi family. I'd prefer to invest outside those options. So commerc...
Rodney Dixon
Loan mission
I'm currently seeking to secure a loan by using a free and clear home(owned by a friend of mine) as collateral to create a better risk to lender in which is due to my poor credit. Is this possible? If so, where could...
Chase Rawlins
DTI question
Hi Everyone,I was recently reading an article on BP that said they had 15 properties using the BRRR strategy.My question is how are you getting around DTI requirements when refinancing to obtain more properties?I have...
David Ramos
Tax Approach for Wholesaling
Good day BD Community!
I wanted to know what would be the best approach to minimize the tax implications on a wholesale deal. On previous forum posts I noticed that the 1031 Exchange does not apply for this t...
Joas Espinoza
Student Debt and Financing
I am currently holding a few student loans amounting to about 20k, would this hinder by ability to obtain financing for a rental property or any other type of real estate? Should I just hold off until I've paid these ...
Young Moon
Total rehab of mixed use property
Hi everyone - I am in the process of looking at a mixed use property (one commercial storefront and 8 residential units) on one lot and was wondering what the major pitfalls were in taking on a project like this. I h...
Blake Burnett
Looking for lender in Virginia
I am currently looking at a few multifamily properties in the Hampton roads area. I plan on using either my VA loan or an FHA. Does anyone have any past experience obtaining either of those loans with a local lender? ...