Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $200,000
Pair of duplexes purchased with 1031 proceeds from a previous sale with about 75% financing. Rents were...
I have been applying to conventional/FHA mortgage lenders all week. I got preapproved for a conventional mortgage with Better Mortgage. But when I tried to adjust from a single family to a multifamily property. 1-4 un...
I have been researching jumbo loans and I understand how they generally work. But they raise some quesitons.
1. When does the lender contact the mortgagor regarding the principal? A year before the maturity date or...
Does anybody have any experience in using the reminder of ones VA entitlement to purchase a new primary home without selling or refinancing the current VA property? I was told by my lender and even pre qualified for a...
I have owned my home for 2 years now. I have roughly 140k in equity and I am looking to do a cash-out refinance. The cash will be used to start the BRRR method. I am looking at houses around 200-300k and then renov...
It's definitely a massive challenge to investors looking for a solid property, good return, and great management .... and to feel GOOD about the team you are working with. Who is looking for deals out of state?What ha...
I need to transfer a property of mine back to an LLC (I had to transfer to myself for a refinance) and want to do this without hiring a lawyer. I figure I can just write up the deed myself using the same language that...
I have a personal finance scenario where I'd like to know what other people would do if they were in my shoes.In January 2021, I'll be about 18 months away from being completely debt-free (I'm currently renting for $1...
Hi BP world. I need some advice on a deal that my family did using the BRRR method. We bought a duplex for 20k, put 55k into it and it is now renting for 1650/month. We weren't able to get a conventional loan when ...
I've seen a lot of videos and I am still not sure What exactly is refinancing and How does refinancing benefits rental properties? Can somebody tell me please?