Matthew Dunn
Partnering with Family
Dear BP,Quick question on partnering with a family member. My stepfather is really interested in partnering capital towards a buy and hold deal. He purely just wants a passive ROI once per year with no involvement in ...
Michael J.
Quicken loans
Hello everyone, I did a search on bigger pockets about Quicken loans and was unable to find a thread.My question is, have you ever used Quicken loans for financing deals? If you did, how did it go and what is your opi...
Greg Franck
Non-QM Product Insight
Hello BP,
We are looking to do a cash out refi on one of our SFR's and reallocate that cash into a downpayment on an additional property. We are Fannie / Freddied out so we will be looking to move into the non-QM sp...
James Neff
Need some help refinancing.
The short of it is, I have a double wide trailer, approx 18 years old, on a brick foundation, with a Fannie Mae 15 year loan. The payment is 1100 a month and the rent coming in is only 650. Ive talked to several banks...
Alex Martin
Purchasing a SFR portfolio. Large post with many questions!
Hey guys, I was recently put in touch with an individual who is nearing retirement and looking to sell his SFR portfolio. I have been going over the numbers which seem to be looking pretty good based on what has been ...
Shuvrajit Mukherjee
Cash-out Refi without an LLC
Is there any lender who does not require an LLC at closing?ARV should be around 110-120k, and looking for 70% LTV
Kieran Dowling
Differnt types of loan products
Hello,
I am ready to buy my first rental property but when i tried applying for a loan they said i wouldnt qualify due to being a 1099 contractor for only a year(I was w2 for the 6years before i started my own ventur...
Annie Balagot
Help with home sales strategy - What would you do? need advice
Hi BiggerPockets pros, I need some advice on what i should do. We live in a very desirable town 30mins outside NYC with great schools. My primary home, if sold, is prob worth around $2M and we only have $700k mortgag...
Peter Parisey
Is 5% down possible on second home?
I currently live in a SFH have a conventional mortgage.My father and I are hoping to team up and purchase a duplex together that we have our eye on.I will rent out my SH and move into the duplex to get us an owner occ...
Yoav Schatzberg
Question on whether a deal is worth it
I have the opportunity to by a 2br 2ba condo in San Diego, in a neighborhood with the best public schools, from a family member. We'd be buying at market rate, but this means we could get Seller Carryback financing a...