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So I am looking to add more properties to my portfolio, I typically buy turn-key single family units. But, I am low on cash. I typically use a conventional loan that requires a minimum of 20% down. What are some of th...
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Anyone get any rate quotes for a 30 year conventional on an investment property in the past few days? Are they still ridiculously high?Thanks!!
Hey all.
I am in the process of refinancing and was told to get a wdo. The first one was marked up but I've since made repairs and got a second one. There were a couple of things noted but a vast difference from the ...
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Can’t really find an answer for this and I hope it makes sense but when applying for a FHA loan assuming you are approved, do you have to pay more for the P&I since your down payment is so low (3.5% or 5%DP) or do...
I am looking into buying a couple rental properties in a college town and wanted to find further info on financing. For instance, do lenders add back the rental income at 75%? Do they write on a per bed or per unit ba...
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It got shot down like a bird. :). Seller looking to sell right away. It has been on the market for about a 1 year now. Offer to do a master lease to purchase in 3yrs but I think that is where I went wrong. Too long of...
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What banks are RE investor friendly for buy and hold in the Baltimore area?
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Here's a tricky one. I have a call in to a couple of lenders but thought I'd ask here first since there tend to be some really good loan qualification people on here.
I'll give you the scenario. The goal is to see i...
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Does anyone have an idea what mortgage rates are for an owner occupied Duplex? Most multifamily are invedtmen, but this would be an owner occupied property. Just wondering how close the rate would be when compared to ...
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Investment Info:
Single-family residence buy & hold investment in Jacksonville.
Purchase price: $133,000
Cash invested: $32,000
This was our 4th investment property. We bought this with a convent...