Hello! I have a property I’m in escrow on. The property is 2.8 Million & I was planning on putting 800k down. So need a 2 million loan. The issue is the property has been poorly managed, and Net Income is only aro...
FHA 203K program vs. Home Improvement Loan vs. Other?
$50K-$60K rehab costs for a duplex.
Need lowest cash in, and lowest monthly payments. Shortest timeline to make ready.
Which one do you recommend?
Hi all,
Looking at making a final offer on a property and wanted some input on two options I have in mind:Is it better to make an offer for $519,000
or
Is it better to make an offer for $544,000 (his counter-offer)...
Looking to buy a brand new house 2023 price is reasonable and charging 0.8-1% of purchase price is do able..my question is financing real estate but my first property is almost paid off and has been an uninterrupted r...
Hi all, I recently began my search for my first property. I have just completed an application for an FHA pre approval with Fairway Independent Mortgage Corporation which was recommended to me by my Real Estate Agent....
Hello All,
I'm new to BP and am using this site as source to educate myself about REI. My strategy is to rehab, buy and hold. I've found a few companies that offer 5 year interest only rental property progr...
I am 18. Fresh at real estate investing. I have no experience, but i want to do this long term. My dream is to own many properties and be able to travel the world with financial freedom. I have 686 credit but not a lo...
Someone recently suggested that I used a person (unknown to me but referred) to use their credit to help be refinance. I was told they would have to be 50/50 on the business with me and as long as they are at a 620 or...
Greetings,
Re: Refinancing Questions
Currently, I/we have a 30 Year Fixed Rate VA Backed-Mortgage at 5.5%.
Never Late.
1)...
Friends, My partner and I are currently rehabbing a property in Tulsa, Oklahoma. We will have pretty good equity in the property when completed. We would prefer to hold the SFR for 2-5 years, but banks I have spoken ...