Dana Vijum
Portfolio loan vs. Hard $
I need some advice from those of you who Buy and Hold properties. I have 2 offers on houses and need some advice how to proceed. I have the 20% down and would need to finance the rest.I am preapproved for a portfoli...
Joseph Weisenbloom
Is FHA worth it?
I was reading a post about the new FHA regulations and wanted to ask the forum's opinion.
From my understanding PMI is now required throughout the life of the FHA loan. Even if you build enough equity to brea...
Fran Arti
Looking to gaining experience in running numbers for Multifamily
Hi!I have been reading and doing research because this year I will start my investment ¿career? :DI just browsed on loopnet and did some numbers in the very first investment that popped up. Is this:
https:...
Christopher Beasley
Should you buy and hold even if it doesn't generate cashflow?
I am using my VA loan to purchase my first 2 properties. I'll be using my whole entitlement of $675k (based on my location), so one house will be 320K and the second will be about $320K. I plan on buying the first thi...
Leslie Fitch
BRRRR rejections Banks/ NO's
Hi Everyone! We have been investing for 7 -8 years now and the banks r now saying we are at a 43% debt ratio. I've always used the smaller banks but I NOW NEED a great bank not a hard money lender. We have great liqu...
Johnoson Crutchfield
How Tax Returns Affect Real Estate Investor Bank Financing
I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
Tucker Cummings
Thoughts on Cashing out my 401k
I'm wrestling with cashing out my 401k and I'm wondering if this is something I should do with mine and my wife's 401k. The purpose would be to push it into real estate. Total we have about 70k in our collective 401k....
Jonathan Sher
Mortgage Policy from title company?
Hello BP friends,
I am closing on a house next week and receiving private financing from a family member for the purchase. The title company is going to record the deed of trust, but are saying that their underwriter...
Rina Amir
Loan contingency for NNN
We are putting an offer on a NNN and seller insists on deposit without loan contingency. We have seen few deals already and never seller insisted that the deposit be without loan contingency.How common is it? We are v...
Wayne Swenseid
Need Help! financial Challenge
here is my story.I have been wanting to get into real estate for the longest time.But first I would like to remedy my current financial situation. Here we go;I own my house, I have a 30 year fixed mortgage at 5.4% of ...