David Ruiz
Partnership with 50% Conventional Loan and 50% Cash
I am a first time home buyer in a partnership where I am taking a conventional loan to purchase the property, and my partner is contributing half the value of the property in cash to pay the downpayment, closing costs...
Account Closed
Rental Income on Primary 4-plex
Question for lenders (or anyone). On an owner occupied 4-plex do all lenders calculate the debt/income the same way? Would the entire PITIA go against the borrower as housing debt, Then use positive cash flow plus a...
Thomas N.
How to fund my next deal
Hello all, Looking into buying another SFR in my area. Not sure how I should fund my next deal. The budget is $400K. 1) HELCO = all cash purchase with intention to refinance later on2) Refi on another renta...
Steve Sherman
Is a fourplex with a carriage house in STL considered a 5-family?
Hey BP. I'm being offered a 4-family in St. Louis, that also has a carriage house on the land and they share a backyard. Was wondering if it's considered a 5-family for the home loan purposes. I know that anything ove...
Diana T.
Homepath Mortgage -5% Down
I have been watching the homepath properties for a while as the downpayment requirements are a little less that traditional. A few months ago, I know a SFH was 10% or a multi was 20% for an investor. It looks lik...
Fred Shandler
Can I purchase using a business LOC, then refi?
Newbie thought/idea::
What are your thoughts on taking a business line of credit at appx 6.5% (from an existing business) to essentially pay a seller in "cash", thus obtaining the lowest possible price. Then, refi u...
Craig Brown
New to Real Estate Investing
Hi, I am new to real estate investing and I wanted to know if this would be a good time to start investing. Recently, I applied for a FHA loan and was approved 300k. I was looking at duplexes in the Sacramento/Stockto...
Leland James
Can you get financing for a bank owned home
Hey could I use bank or lender financing to purchase a bank owned home from a bank?? Like would I be able to shop on auction dot com using financing??
Moe Soliman
Current mortgage interest rate for an investment in Texas
Can someone tell me what's the lowest mortgage interest rate for a conventional 30 year fixed loan in Houston,Texas for an investment property ( single family home) with good credit and 20% down ?Moe
Mynor Morales
MYNOR MORALES
HELLO, MY NAME IS MYNOR FROM VIRGINIA, IS THERE ANY ONE THAT CAN GUIDE ME ON THIS THE RIGHT DIRECTION.I AM NEW ON REAL ESTATE INVESTMENTS, AND I HAVE DONE I WOULD SAY SOME WORK, I HAVE LINED UP THE REALTOR, AND THE HA...