Hit the first big snag.Trying to get an FHA loan for fourplex. Underwriter will not check off on it income is travel nurse income. 13 week contracts, same company for last year and never any trouble getting continued ...
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We are starting a new LLC to purchase a rental property using a DSCR loan. How long do funds need to be left in a new business account before they are available to be used to purchase a property?
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I plan on using leverage from my current property to invest in my next project. I have about $100K (possibly up to $130K) that I can access through a HELOC loan. I have a few ideas on how to get the ball rolling wit...
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Can someone explain the brrrr method or paint a clear picture on how it works?
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Hey folks,Wondering if anyone knows of decent refinancing options for individuals with high net worth, significant equity in real estate and cash/stock holdings, and credit score >800, but income that falls short o...
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Good morning everyone,I'm pretty close to getting into real estate and buying my first House/Duplex. I've ran a couple of numbers on duplexes that I've found. Here are my organized notes of what I've considered. I'm s...
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Are there any lenders that will do FHA loans on a 4-unit property in Indiana? We are in a situation where 10% down would be fine but the 20-25% required for these kind of deals would be too much of a stretch. The prop...
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Hello Bigger Pockets community!I'm working my first BRRRR deal. The property is going on market soon with an asking price of $220K. I estimate a rehab of $40K (very conservative). The ARV conservatively would be $270K...
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I purchased a lake front property here in Texas for $115,000 cash. I've spent around $70k cash as well improving the property to be a short term rental as well as possible secondary home for my family. My local bank i...
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I am planning to purchase an investment property with a partner, but I am trying to determine whether I should take out the loan in only my name. He has excellent credit, no debt and will be providing the down payment...