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I just recently found a property that goes for 110k in an area that average rents about 1700/month. But there's not a lot of photos on the property and the ones showing only mainly shows the exterior (and the exterior...
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I am just getting started, I would like to know how much liquidity do I need prior to contacting a hard money lender for a deal?
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My premise is that if we fixed the mortgage market, it would fix the banks and the real estate market. We need to get these securitys balanced in todays world to function again
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BP Community- I'm new to the game and and trying to wrap my head around a few items here. My goal is to buy and hold single-family rentals long term. I'm trying to set a goal for what kind of cash-flow I need to accur...
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I have looked at some of the Fannie Mae lending programs, especially for multi-family properties that aren't offered at any of the banks I have worked with. Is anyone here familiar with or have used DUS lenders. Was...
Hello all, my name is Luis and live in Raleigh, NC. I am interested in becoming a real estate investor. I am looking for a property to flip to increase capital reserves, but ultimately the goal is to buy and hold. I r...
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In the process to refinancing as in “VA IRRRL” to take advantage of lower rate in addition to removing the owners primary residence stipulation. Can I now apply for FHA loan within the same locality and if so How long...
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When it comes to refinancing is it good to show a yearly profit on tax returns, break even or show a loss. Which way looks good to the bank??
Hello I want to know if this would be legal, what If I were to find an apartment owner to give me a percentage of my down payment for the bank say 10% and I pay the other 10? Alternately what If he pays me this 10% af...
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Hi BP community. I'm pretty new to investing and just received the OK on money to buy my first investment property (woot, woot!). The loan specifies: ESTIMATED SETTLEMENT CHARGES, ESTIMATED DETAILS OF TRANSACTION, EST...