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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pottstown.
Purchase price: $97,000
This was a duplex purchased with private money and refinanced into a long term loan. This r...
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I am interested in buying REO's probably for flips. I am seeking clarification on the process of how a property becomes REO. A bank, private lender, or government forecloses on someone for nonpayment. Then, the proper...
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Hi I am new to real estate investing. I have pretty good credit and have about some money saved, No credit card debt, I do have student loans. I would like to start investing in property the problem is I lost my job i...
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Hello all,
I'm just starting out on this journey. I'm 24 and still in the "learning stage" but want to move forward on my first purchase in the next ~12 months. I want to narrow in on using the BRRRR strategy, but tu...
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Hello BP members,I am a newbie and need your advice on financing / refinancing strategies.Me and my partner have $300K cash to invest. We will invest for cash flow, buying properties that need rehab, rehab them(my par...
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I recently began interviewing local credit unions after learning they require lower or no seasoning period, versus a traditional lender, for a cash-out refi on investment properties. The issue I am finding is that th...
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Just seriously starting to look at DSCR loans to refinance a 4-unit rental property that I have just completely a full remodel. My traditional loan officers have not had access to DSCR loan options so I have found it...
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Anyone have any recommendations? I’m in the Dallas, Texas area. I’m looking to get some cash out of 4 of my rentals. I have 50-80% of them paid off. Are there websites you’d recommend that may help shopping across ma...
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Landlords, property managers, and tenant screeners—how often do you encounter fraudulent income documents (bank statements, paystubs, etc.)?
What are the biggest challenges in verifying income?Are there common red fl...
I am seeing a lot of articles out there talking about banks that offer loans on investment properties for less than 25%, in the ballpark of 20%. But I can't seem to actually find said banks. Does anybody have recommen...