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Brief background...I have a duplex where I lived in one part for four years, and rented out the other part. One year ago I moved out, and have rented out both sides. All is going well there, and I have been actively l...
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Hey everyone,I currently use a commercial real estate broker to help me find banks to finance my deals. Typically I give him 1% and he has found me one particular banker that has done my last 2 deals. This banker has ...
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Hello! I'm looking for a lender in San Diego anyone would recommend?
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Hey guys,
Here is my situation. A couple months ago I purchased a SFH for 57.5k, put 6k into rehab with a loan of 50k. It will probably appraise for 85-90k, so at 75% LTV it will come out to about 64k lo...
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Hi! My wife and I are officially under contract with a new primary residence, with the goal of moving and then turning our current home into a rental. What are some things I can do after going under contract to lower ...
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So bear with me - I'm no expert and am simply trying to help instruct others but also educate myself if I'm incorrect on what I know. I've been reading up today on a bunch of forums including this one and see WILDLY v...
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Hi all,
Trying to slowly build our buy and hold portfolio in Buffalo NY to eventually allow rental cash flow to replace my W2 salary. Right now I own 2 duplexes. One was a personal residence that we bought about 10 y...
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I called my mortgage loan officer yesterday to discuss lending options for my many properties in LA. I'm looking to grow my business, and I wanted to borrow using my rental homes as collateral. I have zero debt.She ...
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Good Day BP!Can I use the properties rental income to help qualify for a loan? If so, what are the details?
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Hello everyone,My name is Madison, I am 18 and will be graduating college in 2024. I am very interested in cash flowing long term rentals, and multifamily homes. After college, my plan is to move back home. I have a w...