Hi is it a good idea to use some of your 401k/403b fund as a down payment on your first real estate property. What are the pros and cons of doing so and finally are there any hefty penalties for doing so.
Any advice on my dti too high for using my fha for 3rd property.55k a year incomeHouse 1 gr- 2100 a month.. mortgage is 1550House 2 gr- 1150 a month. Mortgage is 1200.. will be renting out other side for 1150 after pu...
Hi BP - in a bit of a unique situation and looking for some advice... Short story: looking for creative financing advice for purchasing a condo at auctionLong story: One of my rentals is in a 2 unit condo building. Th...
Does anyone know a bank that will do a personal investment loan over 30 yr note. I'm having a very hard time finding a bank. I live in northwest Louisiana.
Hello, all!
I’m a new investor and I’ve recently acquired my first property. Now, I need to secure a loan to fund the rehab. Can anyone advise me of the best options to me as a new investor? Any and all info is great...
Hello All,I hope everyone is having a great day. I have a property that I am willing to purchase as a rental property. I would like to ask my father to cosign on me to supply for the down payment but I am bit worried ...
I am looking to finance the construction of an ADU in Oakland. I own a duplex and there is an existing ~550sqf building that I am going to convert into an ADU. I haven't been able to find anything better than a person...
hey BP, I've been thinking about a no money (of my own) down strategy and wondering if it could work, and that would be borrowing/raising the 20% down to get a mortgage. like one might do on a large building/complex. ...
I'm looking for some insight from experienced investors as to how you factor in short term debt service to your deal analysis?I have the opportunity to wrap up a condo purchase with these terms:Purchase price 35,500 +...
I'm planning on going to grad school next fall and will be leaving the active duty military. In preparation for this I'm trying to reduce living expenses and debt before I get out in August of 2015. I recently (June) ...