Kendrick Salazar
Opinions on Rocket Mortgages Loan?
Im looking for a loan to get for my first property and time is of an essence.i just wanted to get an idea on the loans from rocket mortage from the experienced individuals on biggerpockets.Any help is appreciated!
Ken T.
First real estate deal as a lender
Hello BP! I am one step closer to officially being an investor. I have been presented with a promissory note secured by real estate by a borrower, but I am very nervous about how to proceed with the drafted note provi...
Nate Bartow
Seller financed down payment
Hi everyone,
Anyone know any creative ways to finance if the seller is willing to finance the 20-25% down payment?
I'm looking at a deal where Fannie Mae will finance 75% of the deal and the seller is willing to car...
Ryan Z.
Traditional govt mtge options.. Thoughts?
Hi BP:I'm looking to finance a SF purchase for myself (owner-occupied). I own 2 properties in FL, both single family, one is FHA, other one is FNMA Conv. Both rented and positive cash flow.Subject Property: Traditi...
Corbin Jones
FHA financing on owner-occupied fourplex (second investment)
Hello,I have a few questions regarding using an FHA loan to finance on a fourplex. I've read plenty of blogs about the benefits of FHA & conventional financing to house-hack and owner-occupy properties. I currentl...
Valerie M.
Why can't a multifamily property be sold to an owner-occupant?
Greetings all! I am new to real estate investing. I've been looking into small multifamily (1-4 units) in Baltimore. My strategy would be to buy as an owner-occupant to take advantage of FHA financing. While trying to...
Christopher Lamp
Family gave us substantial start up money, need help figuring out
A family member gave my girlfriend and I a gift of a substantial amount of money to start a business. My mind immediately goes towards investing in real estate but I don't know where to start. We made an LLC but not s...
Will Barnett
A tricky one
Hey guys I have a question of a somewhat delicate matter. My sister's husband fled the country because of IRS problems. We have lost all contact with him. She wants to sell her house but it is in both of their name...
Tyler Wehrung
BRRRR and Seasoning Period
Hello BP!I have an accepted offer on my first property that I am purchasing with all cash. My strategy was to purchase with cash, rehab, rent, refinance. I just recently learned about the "seasoning" period which from...
Doug O.
Triggering due on sale clause
So I'm wondering who here has any direct experience or knowledge of triggering the due on sale clause in a loan from transferring to an LLC? Have been reading about people who heard about this happening, but never hea...