Since 1998, there has been a 44% drop in Fortune 500 companies offering pensions; instead pushing their employees to manage their retirement themselves through a 401K or other management investment vehicle [Source: To...
My wife and I own a 3 family home in the town of Lancaster, Massachusetts. We got an appraised value last year in November of 320k while we were living in one of the units. We currently rent the 3 units for a total o...
Looking to purchase my second property and I'd like some advice on which deal to pursue. I apologize ahead of time for this post being a little bit of a read.Deal #1: Owner occupied 4 unit via fha 203k loan. Property ...
Dear BPers
If I decide to go for a deal with three duplexes sold together, should I apply for residential loan or commercial loan?
Am I right the first step is to meet portfolio loan officers in local community ban...
Hi guys, a family member of mine is trying to refinance his property with a commercial lender. I am just wondering what would happen to his DTI ratio if the lender refinances his property and does not report the new l...
Hey, how's it going BP? I recently got out of the military and I am now looking to sell my first property, which was purchased close to 2 years ago, as my primary residence during my time in the service. The house is ...
I'm brand new to real estate & am looking to start investing in small multi-family in my local area when I graduate college in the summer of 2023. Before you look for a tenant, you obviously need some sort of leas...
Hi BP Community,
Question for investors/lenders on portfolio loans vs commercial and conventional options with regard to the 10 property limit. I currently have 8 properties, 7 of which are rentals and one is my pri...
My wife and I have been saving for our first flip, and we are finally ready to take the next step! I have a long history in the carpentry field, and plan to do most of the renovations myself, unless it makes more fina...
After searching for MFH for a while, i feel like i may be onto something. I am looking to house hack a triplex in pittsburgh. Some points to note before i bring up the numbers:- For analysing, i considered it as if i ...