Eric Lindsey
Owner Finance Question For Multifamily
Hello, BP community,
I am interested in learning about owner finance underwriting. Currently, I'm evaluating a property where the owner initiated a loan two years ago. My question is: How much equity should an owner ...
Joann Julius
Property/Rental/Estate / Financial Advise
Good Morning,Just beginning to learn about investing. Took over management of a rental for my 85 yr. old mom. Expenses to fix up and fill vacancy on me. Not to mention upkeep (repairs, taxes, water, insurance) of her ...
Colin C Barrett
What is a good blend of coverage and price for homeowners?
Hi All!,I'm currently getting a loan through Guaranteed Rate, which is requiring me to do a replacement cost homeowner's policy. (Is that legit?) I was about to sign with Country Financial on a personal policy (bundl...
Eliezer Garcia
My first house, a multifamily.
Investment Info:
Small multi-family (2-4 units) other investment in Westfield.
Purchase price: $205,000
Hello my name is Eli. My wife and I purchased a small multi family last year. We live on the 2nd fl...
Ceril S.
NJ Neighborhood Enhancement Program - zero interest? 100% forgivable loan?
I was trying to do online research for the section 8 program in NJ and came across this. It could be old news, but figured I'd put it out there.http://www.state.nj.us/dca/divisions/dhcr/rfp/pdf/...It's for stabilizat...
Serge Saintil
OUT OF STATE INVESTOR RENTAL PROPERTY
Hello everyone,
I am looking into the Indianapolis market and would love to get in contact with investors, wholesalers and lenders in the area. Please feel free to send me a message directly to discuss further if ou...
Jaason White
Flipping In Central IL
Im interested in flipping houses, but Im not sure where to start and not so sure if im in a good market to start in the first place. Here is a little background on my situation. The reason why i want to start flipping...
Gloria A.
Housing appealing to High Point University Students
Hi all!I'm Gloria and am incredibly new to real estate. I'm currently a full time professional student, and am looking to use real estate as a means of paying off my student loans and attaining financial freedom.Curre...
Rashad Ellis
Preapproval. Basic or verified?
Ok so I got preapproved for a loan on Better.com My question is can I shop with this basic preapproval letter? Will sellers accept it or should I get a verified letter? The difference is the "verified" entails a har...
Michael Nowak
Debt Schedule for Bank
I am looking to take out a loan on a new property and the bank is asking for the debt schedule for the properties that I currently own and rent out.
1. What exactly are they looking for? What should be the format of...