Cheza M.
Advice on how to acquire 2-4 cash flowing properties each year?
Hi BiggerPockets Community,I'm a newbie investor who lives in a very expensive market here in NY and has a full-time job. I've recently bought a SFH turnkey property from out of state last year just to get into the RE...
Riquelmi De La Rosaq
Owner willing to carry but bank isn't okay with it
So I found my first 4-plex in South Florida and I have been trying to close it for over a month now. The original plan was to buy it with the FHA 3.5% down program. I am from Florida and am currently working in NYC bu...
William Kyle Walker
Commercial Mortgage Insurance
Hello BP
I have a question about Commercial Mortgage Insurance. I would like to know what criteria the underwriter would look for when issuing the insurance. What insurance amount will they issue? Will they i...
Moshe Eisenberg
How to cash out on a 3 unit owned by LLC
Hi guys,
I own a 3 unit under my LLC free and clear. I would like to use the equity to buy another property. What would you recommend as my best option?
1- Can I take out like a HELOC on an investment property?
2- ...
Grey Drummonds
Buying a home as a new Mortgage Loan Originator (Commission)
Hello BiggerPockets Community,
I am about to graduate college and pursue a career in the mortgage industry. As many of you know, the mortgage industry tends to be all commission (with salary for new loan originator...
Ou Wang
First Time House Hacking in Greater Boston
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $705,000
Cash invested: $70,000
Classic house hack situation, with a TON of mistakes/lessons learned.
This...
Dan Naumowicz
Getting ready to offer a deal
We are now managing a 4 unit investment property in Oak Park IL for a family member.After their unexpected passing we found that there was a reverse mortgage on it.Property fair market value is about $335K with forecl...
Candyce Jackson
SFR First purchase with no clue!
I was recently approved for a loan for a SFR however I haven't seen anything in California that I can Honestly afford. I would like my first purchase to be the ground floor for many things in the future. I've been loo...
Daniel Lambert
Loan Qualification on second mortgage
Hello all,
My wife and I were so close to buying our first duplex to begin our portfolio. However, we backed out of said deal because we found out we would only qualify for a certain amount of money on a second loan...
John Clark
Meeting a Banker, What are some good questions to ask?
Monday I'm meeting with a banker who is investment friendly and an investor himself. I want to make sure I get as much out of this meeting as I can. Here is my plan for investing to help guide some questions.Plannin...