Hi, I have been reading alot about investing in the Baby Boomer market. (which I am a part of)Many people from my generation are thinking of downsizing.... leaving large homes and renting either condo's or apartments....
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,100,000
Cash invested: $330,000
5 unit
1 - 3/2
1 - 2/1
3 - 1/1
0n a 10,650sqf parcel in Los Angeles...
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hello all! Newbie question here. For my first foray into this realm, I am looking at a foreclosure auction. This is the second lien holder foreclosing on a $50,000 loan. The house also has a first mortgage of $350...
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This site is amazing, so much info I'm lost. Little about me and hopefully people can guide me in a direction to start.I've purchased two primary residence in my life both of which I fixed up myself so I'm very handy....
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Hi BP - I was wondering if anyone has experience of successfully getting a Streamline 403k rehab loan for a 2-4plex purchase? (This would be one where my client will owner occupy one of the units). Please note: I a...
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I currently live in Frisco, TX, right outside of Dallas. I was recently approved for my first home loan (FHA) and would like to go the way many investors start out, owner occupancy. I find the realtors I've come acros...
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Yes and No. It depends.100% funding only is possible in a few different situations. For instance, If you are a Doctor and you are leasing a location and now want to now buy instead of lease. Normally you would ne...
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Hi BPers-I'm looking to make my first investment property purchase in the next few weeks. I reached out to Bank of America and they quoted me on a 4.375% loan with 25% down. This is a 30 yr fixed rate mortgage for a n...
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I'm looking to see if anyone can point me in the right direction to read up on FHA refinancing. I will have an FHA/203k FHA loan on my first property and would like to know the process to refinance out of the FHA loan...
Hi,I'd like to buy a property with a conventional loan and use BRRR strategy. My only concern is in a few months I'd also like to buy another property where I'd actually live and take FHA loan for that... would having...