I've found a property for 60k that needs @10k in rehab. The ARV should be @95k. If I try to flip this in less than six months will conventional lenders write a mortgage for the new buyer or does the seasoning rule not...
Hi BP,Due to my work, I may not be able to qualify for first time home buyer and may have to purchase property as investment. What differences can I expect? Higher taxes? Thanks guys Danny
Operating as an LLC appeals to me in its ability to limit liability if done correctly. However it makes conventional financing tricky.Is there a tactic to be able to get financing with rates reflecting my background (...
Question: if you buy, renovate, rent, and then refinance your investment properties, who do you have success with as the new lender on the refi. Conventional Banks? No specifics, just categories. Thank you.
(Florida
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Hello Bigger Pockets family. I am a new investor and I have a question about refinancing out of a 203k loan.
I am looking to acquire a single family property and make it a rental. If I go with the FHA 203k loan,I kn...
So i just completed a flip i acquired 9/28. PP=105K, Rehab=49K, ARV=approx 210K asking price -$208,900
I have gotten some offers that i am willing to accept
Offer 1- FHA Offer price 208,900 with 1000 credit and 500 ...
When getting conventional loan, how far back will lender look for personal income?Because of coronavirus my income is down 35% in the last year which may affect my loan amount or will lenders take these circumstances...
Hello, I'm currently stationed in Japan and me and my wife have been talking about our future and passive income. We have never purchased a property, even for ourselves, so I want to know more about the process of get...
Looking for a real estate lawyer that can help with the purchase of my first rental property. Not planning on using a realtor unless someone on here can convince me otherwise
Hello to all my beautiful Bigger Pocket family members,
I recently just closed on a property in the DMV area, specifically in Maryland. I have a 30-year conventional home loan in which I put 10% down and count it a...