Daniel Knutson
Financing my first deal
Hey bigger pockets community! I am just starting out my real estate venture, and am looking for some thoughts on how to finance my first deal. I want to start off house hacking a three to four unit property, and renti...
Joe Mulcahy
Need help with first buy and hold offer accepted
Details: Cost of 3 bedroom townhome. REO property. 1500 square feet usually rents for approximately $1,100. Rehab under $5,000. HOA $80 a month. Taxes 2,500 a year. Insurance $100 a month. 20% down. Ques...
Caleb Knighten
Advice Needed: Build-to-Rent Strategy with House Hacking
I need help with a potential deal. I'm looking to buy a plot of land for $30,000 and build a duplex on it to househack. However, I don't have enough money for the land, and getting financing for land is much harder th...
Olena M.
Lender recommendations in Charleston, SC
Can anyone recommend a good lender in Charleston that offers both conventional and portfolio products?Thank you in advance.
Chris Actis
Investment Property Mortgage in Illinois
Hi BP'ers,I'm onto a multi unit, non-owner occupied, investment property in Illinois and am looking for mortgage options, preferably 20% downpayment or less. Is this possible??Thanks,Chris
John Spina jr
How to make a confident offer?
Aside from calculating the NOI, ROI, cash on cash return, and the comps. If someone needs to finance the conventional way, do they need to sit down with a broker and see what kind of payment they'll be making and at w...
Kari Piecuch
Will my spouses rental properties affect my mort qualification?
My spouse has two mortgages (soon to be 3 after this BRRR). I have zero mortgages. Title for two properties are in his name only. Title for the BRRR will be in both our names. We file taxes jointly.If I apply for a co...
Lynn Harrison
Refinancing- physical property requirements?
We got a verbal OK for a HM loan, will probley do the paperwork within a few weeks. Then look for a good deal.
My question is about refinancing when able to do so- about 6 months after a purchase. Are income producin...
Andrew Kim
Baltimore lenders for multifamily unit
Hello, I recently formed an LLC with a friend and looking to close on my first 2 unit multifamily home soon. The toughest part has been to find a lender who will loan us money at a competitive rate since we don't hav...
Sean Spear
Foreclosure and General Info
So, I am a brand new investor and I'm considering jumping in with two at once. The issue is that I have 5 months in a commission based job, so I can't get a conventional mortgage until 2 years. I also don't have trem...