So a mentor of mine is arranging a meeting with a portfolio lender (small local bank) reference a deal I have in the works. This will be my first attempt at such financing. Everything I have done to date has been co...
We are looking at pulling funds out from a 2nd house we own. When doing the DTI calculation would a lender include money that is received regularly from things like a Real Estate syndication, Mortgage note fund and/or...
Hi everyone! I am a new investor living in Austin, Tx, and I wanted to introduce myself and meet some local investors or non-locals who invest in Texas. So, nice to meet you all! I actually work for Keller Williams' R...
Hello All,
I could really use some guidance on what to do with one of my rental properties. We currently own a 2/1 (built-in 2004) in an area of Wilmington that is less than desirable. There has been gang activity a...
Hello a unique situation with timing of trying to get pre-approved for a loan and looking for a solution to this problem. I am looking to buy my first property (single family that can easily be converted into a duplex...
Hi all,I'm considering buying a manufactured home to rent out, but I'm wondering if there are any special considerations I should know about before buying. For example, when it comes time to refinance will I have a p...
I am from California and have been living/working overseas since 2005. While working in the Middle East in 2011 I was able to do a flip in California. Since then I became really engaged in my work getting several prom...
Hi BP members,I would like to ask regarding with financing for multifamily. I am looking for multifamily especially fourplex and I came across with one lender which is offering 2+1 rental hard money loan. I would like...
Hi, How would go about financing multi-family construction project (10x 1BR units) given the following starting conditions:- I own a lot with an existing duplex standing on the lot - Lot is mortgaged, remaining mortga...
Hello!I just moved to the Cleveland area from North Carolina a couple of weeks ago. My husband is a native Ohioan and he will be attending graduate school in Cleveland. I was working full-time but am currently not. I ...