Mike Purvis
Looking to buy my second investment property (Ontario, Canada)
I've had my duplex for about 5 months now and it's working out really well! I want to get my second property as soon as I can. I have a few questions I am hoping somebody can help me out with:1) I have only about $10,...
David Cherkowsky
Considering Out of State Investing in Huntsville - Interested in Networking
Hi All,I am new to real estate investing and am considering investing out of state. I live in the Washington DC area and it seems difficult to find cash flowing properties here. One area I am considering for OOS inves...
Colin Carr
Will banks loan o 90% LTV?
I'm trying to plan out my next buy, but my savings alone would take me forever to save for a conventional loan down payment. I did some amortization calcs on my current house loan and see that at the rate I am saving ...
Cameron H.
FHA Loans: Using a Mortgage Lender vs a Mortgage Broker
I'm looking for an FHA loan to help finance a 2-4 unit apartment in either the Bay Area or Los Angeles in one year's time. In securing an FHA loan, you can choose to work with a mortgage broker or a mortgage lender. A...
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...