I am in contract on two newly constructed townhomes, to be completed by the end of the year. My original plan was to 1031 into these properties to take advantage of the equity I've built, but the cash flow on my curre...
I am attempting to put a deal together for a 12 unit apartment building. My cash is tied up on 3 SFR flips so I have a partner that would fund the deal. Its a great deal as the cap rate is over 18! its fully rented ...
Does anyone have any helpful tips for removing or reducing PMI on an existing mortgage? The house I currently live in has a monthly mortgage payment of $1950, $300 of which is PMI. My wife and I have lived here fo...
I’ve used this one a few times, but not as often as I probably could have. It works best nowadays with commercial property that has assumable mortgages. It goes something like this.
You find a commercial property f...
Question: How can I invest as a NEW 1099 employee (Ex. independent insurance agent commission only)? My last two years of taxes are from a different W2 job. How can I prove to the bank I can afford a property? I would...
I have an opportunity to buy 5 homes as a package deal. Agreed to 365k on a 440k price. 2 with renters, 1 ready to rent 2 needs final finishing to rent. How do I get this financed. I do not want to do 5 closing on 5 h...
I'm not sure if anyone of you high rollers have run into this problem, but getting a mortgage on a $60k rental property is brutal! Investment properties usually require AT LEAST 20% down so that makes my loan $48k, a...
My wife and I are first in line to acquire a profitable wedding venue in Illinois. We need creative/quick financing on a $5mm property. We have an NDA, LOI, and a contract, so no questions about the property please....
Good morning BP! This question has been a curiosity of mine since I've purchased my first property this past July! I Used a conventional loan and went in with 20% down already. My question is how do you g...
I closed on my first deal back on 10/16/24 so I'm a newbie. This deal was found on MLS and is a new construction 4/3.5 SFH with DADU and I purchased on n FHA owner-occupied loan. I only brought 3.5% down to closing...