John Kuehlman
Finding Financing for my First deal
I want to figure out and study up on financing options for my first deal. My command is moving and I want to get a house or condo out there to rent out. I won't be living in it. Most condos out there run anywhere from...
Brad Roche
Updated Fannie Mae guidelines for Minimum Down Payments on Multi-Units (HouseHack)
Starting today- Fannie Mae has updated their down payment requirements for 2-4 Unit properties when you live in one unit. To buy a multi units property- the down payment requirements use to be:
2 Units:
15% Down
3-...
Frank Del Corso
Working on our first deal
My wife and I have been enjoying the podcasts and working together on buying our first rental property. We found a lender that we've pre-qualified with and they have told us we'll need to put down 25%, which is our p...
Willie Luang
Best advice to give for rental properties
Hello. I would like to get a multi family property. I have a mortgage I live in now and would like to know the best way to buy a multi family property. I have three options 1. Should I take equity out the house and ta...
Dino Ganas
Have 42k saved. What to do?
I have about 31k saved in the bank and 11k that my father owes and will give me. I have a baby on the way and currently living separate from my girlfriend. Her apartment is too small for everyone to live comfortably ...
Carlos Ceron
HELOC in California on Fourplex
Hi All,
Happy 2020! I've been following BP for some time now, we purchased a fourplex property in 2015 and although we waited longer than expected to continue to expand our portfolio, my wife and I are looking to gr...
Michael Williams
Purchasing commercial property with no down payment
Who should I contact first before purchasing my first commercial multi family property without having the 20%-25% down payment? Hard money lenders? Private lenders? Should I try and use seller financing if its available?
Courtney Richards
Seller's financing the best bet for me?
Hey guys, I have a friend list his newly remodeled home in Charleston SC, and hasn't been able to sale it. It's been on the market for about two months and they've reduced the price twice. I'd like to be able to help,...
Account Closed
How do I get into Multi-Family investing with limited amount of money
Hello everyone,I really want to get into multi-family investing. How can I do this? The reason why because we are in a buyers market so it makes sense to invest in apartments rather having to put huge money down for h...
Garett Koehler
Long distance investment?
I am trying to decide what my smartest investment strategy should be. I am in Southern Ohio and am looking at single family homes. my largest concern is that this a market that has been losing population for years and...