I am interested in buying another primary residence to take advantage of Fannie Mae's 5% down for multi family homes so I can house hack. I am a single female and cannot drive since I grew up in NYC, so I'd like to ge...
I have about 50% equity in multiple properties. Ideally I would like to use some of that equity for additional investments. I would prefer to avoid an appraiser needing to go through each unit for LOC or home loan. Ar...
Hi. I wanted to ask if this is a smart move. I am just starting and I want to own a 4-unit multifamily in Los Angeles, CA. This will be an expensive purchase. I plan to put 50% down to get some positive cash flow on t...
Hello everyone,My husband (veteran) and I bought a house last year with a VA loan (0% down), and we lived in it for more than a year. We have been researching our market and are very ready to buy an investment propert...
Hello Who here recommends a town or city in Michigan that is up and coming, with cheap buy in and good potential for flips and appreciation? We looked at detroit, but since this would our first step in the state, don...
Hi! This is my first time posting on here as well as my first time investing in property. Me and my fiancé have one property that we rent out on furnished finder for traveling professionals but I want more! I just am ...
I understand that I need to hold the tenants security deposit in a separate account... I was thinking of putting into a high yield savings account 1.9% or possibly putting into a 12 month certificate of deposit at abo...
I would like to purchase 2 single family homes and a small multi-family in about a 2 year period. I would like to have as small a down payment as possible (who wouldn't?).One house this year, and the other 2 in 2016 w...
Hello, one of my friends secured the following loan from Bank of America - his family relative works in the bank & got him the following for his primary home
Home sold price $1,175,000 (1.75M)
Interest rate: 3.1...
There's an REO I'm interested in. The bank, through a real estate dealer, is asking 85,000, but the real estate dealer says that there are multiple investors vying for the same thing and I should go as high as I can, ...