Will Bradford
Conventional Financing for Buy and Hold??
So I have searched and haven't found anything that really is similar to my situation.
I currently own a condo that is paid for in full. Value is about 100k. The building however only has about 50% of the units s...
Nate S.
My mom passed away, need advice on the house(probate)
I couldn't find a section on the forum to discuss this issue, but I desperately need advice. My mother had no will and life insurance, only asset she had was the house. One I grew up in all my life. I'm about to be me...
Carlos Lopes
Buying STR in Destin/Fort Walton Beach
Looking to buy a property in Fort Walton Beach. I’m in the military, and will be moving again in about 15 months. Currently renting, but was really debating buying a beach front condo in Okaloosa island to live in for...
Jeremy Werner
Starting a real estate LLC
Me and some friends are starting a real estate LLC to buy some Multifamily properties. I’m looking for information on financing. We are looking to buy multiple properties at a time and not sure what financing options...
Stacey Blunt
Counter Offer Help!
Hello all,Just to give you a little bit of background about the deal... This will be a lease option agreement with a purchase price of $275,000 and a down payment of $25,000. Remaining balance of $250,000 will be amor...
Jordan Brandon
Down Payment Options:
Hello,
I am just starting to explore the idea of purchasing a rental property. I have a mutual connection that is suggesting I use a home equity loan on my primary residence for a down payment on a duplex. Is this a ...
Dan Wynn
HELOC vs Cash Out vs Traditional Loan
Hello BP friends,I am working my first deal and trying to figure out the best financing option. I own a primary residence through Va financing, have 15k saved, 735 credit score, and a steady income. Looking at SFR 60k...
Gigi Daniel
Multi unit Financing Strategy?
Hell BP friends, we have an deal for an apartment complex (sorry, limited property data due to signed NDA). The agreed prices is $1.75M, FNMA loan is at $1.4M and have Seller Financing option for $200k. The CAP rate...
Denis Ponder
2% Seller Concession Max on Investment Loans?
Good morning,My lender told me there is a 2% max on seller concessions for an investment loan. Did we miscommunicate? Or is that accurate?Typically I make my offers with seller concessions to help with closing costs...
Kevin Santos
Commercial Financing Options
Hey BP! I am wondering who has a handle on some of the key differences between residential and commercial financing options. Looking for something creative to offer on 5+ unit properties. Particularly interested to kn...