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Hello, I am new, as in I have not began in RE investing yet. I do own my own small business. I am looking to expand and have a lot of ideas but don't know how to get started. I am looking for a mixed property where...
Since 4-plexes are considered "residential," would valuation of the property be more similar to a SFR (comps) than to an apartment (based on rent)? Is it harder to secure a loan for a 4-plex versus a commercial proper...
Hello everyone. I need advice concerning rate locks. I understand the purpose of them but I don’t they are always necessary. I have suspicion that my lender is trying to get me to spend more money. He’s charging me $2...
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Good day all BP'ers. In having a discussion with a seasoned RE Investor this past week and picking his brain on the structure of his business I really deduced his success down to three main relationships:#1- He has a...
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Investment Info:
Single-family residence buy & hold investment in Pittsburgh.
Purchase price: $10,000
Cash invested: $10,000
This was one of my first subject to deals. We stick to a strategy of s...
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I want to utilize owner occupied financing loans because of the advantages it allows me to have such as low interest rate and little to no earnest money down on a property. I know that the Homepath program is a gre...
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Lately I have been encountering clients whom think that they can acquire very substantial funding without paying any out of pocket expenses before the close of the loan. And no I am not talking about a retainer or...
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I will be purchasing my first SF rental property. My primary home is debt free, I have no loans whatsoever, have a good net worth. I plan to take out a mortgage because I don't want to sell any equities and mortgage...
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Hi, I’m looking for help and some ideas on purchasing my first property. I want to buy a 3-4plex to house hack. I would like to use and FHA loan to purchase this due to the low down payment requirements. The issue ...
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I'm in the process of purchasing my first rental property. I was considering starting an LLC, as I wish to have more properties in the future. At the same time, I have heard that banks charge a higher interest rate fo...