Hi everyone,I have heard two different things regarding obtaining bank financing for a Multi-Family property (larger than 4 units). One is that the bank will finance you based on the income that the property will gene...
I am very interested in wholesaling or assigning contracts to kick off the start of my investing career. I have found a lot of information on the process but have yet to find anything on taxes. Can anyone help me out??
I am literally at a dead end here and I am wondering if BP members have come across a similar situation to this....Myself and another investor own 2 properties, paid in full. One has a value of approximately 110k and...
Hello BP world!My name is Dylan from NJ I am excited about everything I'm reading on the forums and blogs from all you great members. I am preparing myself for my first investment and pre-approve myself for a mortgage...
Purchasing property for cash. Using private $$ loan for rehab. Will Refi after rehab and/or Seasoning. When going to apply for rehab will lenders allow refi in LLC name? Does refi have to be in personal name?
So I discussed getting a loan on a commercial property (8 units) and he gave me a "soft" approval with values as 30yr fixed and around 4% interest. I spoke w/ him again today and he said it would not be that. I guess ...
Hello beautiful people of BP! I need some advice and insight. My main question is for condo-purchasing: If I purchase a condo in let's say Brickell or Wynwood, could I say it is more likely to rise in value long-term ...
I haven't quite got things figured out enough to buy my first rental property. So far the department I have the least confidence in is the finance side. IF I get a hard money loan to get me & my wife started into...
My dad is retiring and getting rid of a couple of his properties. He asked me if I wanted to look into getting the properties. A year ago I bought a foreclosed duplex with an fha203k loan and owner occupied. I am now ...
Hey Everyone,
I'm starting to talk to conventional lenders a bit about purchasing a SFR in the 25-40k price range. I could potentially pay for roughly half of this in cash, but am trying to finance about 75-8...