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I'm thinking of buying this place and updating the kitchens and appliances to increase the cash flow. It is a duplex with 5 bedrooms 2.5 baths on one side and 3 bedrooms 1.5 baths on the other with a 1 bedroom suite i...
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This is from BofA. Close date 12/14. Cash purchase. Listed at $70k; they took an offer but fell thru. I was next in line at $55k. They countered at $68,800. The listing agent (who is also my agent) suggested stay at ...
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Hi all
I am not sure if this is the correct place to post my question.
I need some suggestions on a similar situation.
I own a condo in FL which is extremely under water. The current loan balance is $102,000 where as...
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Hey guys!
I couldn't find a forum that answered my question so I thought I'd start a new one.
This is kind of a long term question:
My plan is to buy a multi family home via an FHA loan. I live in New York City so ...
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Hi BP,Question for you BRRR loving people - My renovation on my first house-hack for my multi will be completed in the upcoming months. I used a 203K loan to fund the renovation.$454,000 - Purchase Price$124,000 - Ren...
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Hello all,
I'm a new member and I'm very glad I stumbled upon this forum. I have a question regarding pre-approval for a mortgage. I'm looking to buy a 2-3 fam home with a partner of mine and we are looking to get a ...
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Hey my Name is Nicholas, I'm running into a problem with financing, little bit of a backstory I've recently turned 19 and have been working in solar sales for the past year and before that I was working at a pizza pla...
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Does the hard money company decide when you eligible for a regular mortgage or will they let you exit as soon as you can , can find a bank to take over the loan that is?
How does this transition happen is there a s...
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I currently live in my primary house with a mortgage and have a car payment and student loans. Every loan officer I have talked to so far is saying I don’t qualify for an investment property because of my DTI. Obvious...
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Let's say there are 10 mortgaged properties held in individual LLC's, and each LLC is owned by a single holding company LLC with husband and wife as members.
Would those loans count as 1 or 2 towards the 20 conventi...