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We are looking to buy our first rental. We are starting very small (with a condo) as we both have separate careers. We also unfortunately can't run around to find "the deal of the century" where we would make tons of...
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Hello BP Community,Wanted to throw a scenario out there, to see how realistic or easy/difficult it would be to obtain financing from a bank on a commercial multifamily property, or discuss possible work arounds.Exper...
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Long story short (details to come if need be). I had a sudden need to move 80 miles away. Right off the bat I lucked out and found a house that was very close to my ideal home, and the seller wants to do seller fin...
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Hello! We are new homeowners, new to this site and have just started on the path of REI. We bought a house in Mt. Washington (Pittsburgh) in June 2017 through a Fannie Mae HomeStyle Renovation Loan. We first made an ...
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I posted on the multi-family forum a month or so ago regarding the multi-family 50+ unit market heating up. We've lost out on many offers from buildings ranging from 20-150 units. I've been mainly focused on Cinc...
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Hey everybody!I have a been a member for a while now and introduced myself several years ago. However, I am in the Military and with several deployments taking priority, I was unable to really start the process to be...
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Hello all at BP, My name is Kyle and I just received my M.A. in Education, teaching PE in the Bay Area in California. I am highly debating taking a job offer to teach in the San Diego area. After lurking on BP for a m...
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Hi, my name is Mark, and I'm currently a student at UF, in Gainesville, FL
For a couple months now, I've been toying with the idea of purchasing a house in Gainesville, since it's a great time to buy, and I'll be in ...
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Hello Everyone,
I have been reading this forum for a while and have found it immensely helpful. I am considering putting a multifamily property under contract and would like some third party fly by opinions.
Units:...
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So, I've reached out (given my 810 credit score and shared my income, low debt, etc.) to various lending companies and brokers and learned that nobody "pre-qualifies." They all suggest going straight for "pre-approva...