I recently spoke to a lender who only does Commercial Loans. The process and qualifications seem less strict for qualifying for a commercial versus when apply for a conventional loan.I am only familiar with conventio...
I have a rental i'm looking to do a 1031 exchange with for a new property yet tbd with eventual conversion to primary residence. I've read some on both a regular and reverse exchange and am looking for advice on what...
Hi BP,New to BP and real estate investing and looking for an investor friendly agent in North Jersey that I can connect with to get setup with MLS listing/updates to find an MFR investment property. I am still in the...
Hi Everyone, I am trying to understand if lenders for DSCR loans will take midterm rental rates into account or only long term rents of the area? This would be specifically for a property that doesn't have previous re...
Hi all, I am a young professional in Pittsburgh looking to put my money to work. I have some money saved but would feel more confident in getting started investing during the next year or two of my saving plan due to...
Hi All,I took a HELOC for ~$60k on our primary residence to fund a renovation on a rental property. My wife and I are planning on moving next year and we want to keep this house as a rental. Question is: If we decide ...
I have some equity in a 3 unit rental I’d like to pull out. No lender that I can find is willing to refi a multi unit rental. Are there any creative ways to do this. Suppose I could move into one of the units? Anyone ...
We kept our old home as a rental; we fixed it up nicely over the years we lived there. We have some equity in it and we also have a low interest rate. Basically, I have two questions.
I have an ARM that resets in 20...
Hi!I'm looking for someone to run these numbers through their Excel tool (or whatever you may use for evaluating a property) to see if they line up with the numbers I am calculating. Please let me know what questions...