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Hi BP!First time post post here. Just wanted to see if anyone has any experience/success with the following strategy:Close on a property using an FHA loan (less than 10% down). Put money into a rehab to increase the v...
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Most of the time when people talk about BRRRRing properties, they say that buying all cash up front is the way to go in order to buy lower and close deals faster. I'm wondering why most people don't BRRRR with convent...
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So I haven’t seen too many questions about this. Has anyone ever refinance a conventional loan into a commercial? Buy a house as primary residence then refinance into commercial loan under an LLC. Can it be done? What...
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I currently own my home outright and am evaluating the best course to take for purchasing buy and hold rental properties. I have no outstanding debt except for a 300$/month car payment. Currently one income source aro...
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Hello,I recently sold a property in SoCal and I am looking to use the funds for a 1031 exchange. I used to have a credit score in the 760s but I bought a distressed property and used credit cards to rehab it, causing ...
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When I first start 8 years ago I was doing conventional loans. After I burned through 10 of those I started to seek alternatives like commercial banks and LendingOne.
Since then, I have had all my conventional loans ...
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Hi folks
Wondering what loan terms are preferred for folks after you refi that BRRR property. Is there a reason you'd chose one for another.
Hi new to BP here!I am looking to make a move in the next couple of months and need advice on how to shop for loans.
I am considering:
- Rehabbing an off-market property (Will is currently in probate - expected to b...
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Hello have a couple of questions if i can help get the answer or suggestion on what to do.I purchased A condo in long beach California, last year in June. I got a conventional loan owner occupied, as i was planning...
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My wife and I are having a discussion about the ability/inability to acquire 10-12 single family properties in 5 years. Her strategy is to pay down our first property considerably before buying another one, and my ...