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I'm looking at a 6 flex in Kansas City. It looks like a ratio of 1.46. I wonder if at 1.46 with zero down is that even possible to 100% finance? I would rather fully fund it and have the reserves of income in order...
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Hello everyone!
I was just wondering if anyone can give me an example/definition of refinancing and how it works.
I know it's pulling out a second loan after paying off the first loan? Does this mean it only applie...
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Hello, I am looking for opinions on my idea both sides are welcome as I am new to this.I am a recent college graduate with in my first few months of work. I am looking to find my own place now and hope to have a few...
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I am in the process of purchasing a property and will own it free and clear. I was interested in finding out if there are any loan products that will lend for rehab only. Also if there are some creative strategies pe...
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I would like to expand my portfolio of rental estate properties ( 3 multi unit + 2 condos & primary residence) ( 1 condo & 1 multi unit= paid off) (2 multi ,1 condo + primary residence= still w/ mortgage). T...
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What are my options to get a loan under LLC using my portfolio? We looking to buy a 18 unit building (asking $190,000). Needs rehab (estimate...
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Hi BP, first time poster, long time reader. I've searched through forums, but I've been unable to find any answers to my specific question. Briefly… I have a part time business flipping houses, along with a regular ...
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Hey guys,Anyone feel and/or invest in Northeast? Anyone want to post some quick success stories on here about the Twin Cities? IE - for those of you who invested in Midway before the light rail went in,For those of yo...
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I've had a lender tell me that you can't use FHA for a personal residence on a multi-family. I don't think this is true but was wondering on some advice from the BP community.
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Hi, Investors!
I have been thinking about this for a while now and since being more active on here, I have noticed that something that comes up a lot is that people aren't aware of the information that is needed in o...