Hey guys, On my first property i was surprised that i had to put down 25%. Is that normal? is that the case moving forward for subsequent purchases, because that will take a long time to build capital and continue to ...
I recently closed on my first large bundle commercial mortgage that comprises 6 of my two and three family houses. Up to this point, I have purchased outright, or refinanced with conventional residential loans, so thi...
Hello, my name is Khalid Al-Hajebi. I have been aggressively researching flipping houses these last two weeks. I am ready for the next step. I live in the Northern Virginia, D.C metropolitan area where it can get pret...
Hello BP,
It's been a while, last week I just closed on my first SFR. This will be my 3rd property acquisition along with my 2 duplexes rental properties. In one duplex I live in one side and rent the other. The secon...
Hello BP,I just received a message from one of the yellow letters I mailed. This person is looking for a loan to avoid foreclosure because he wants to keep his property instead of selling it. He's willing to pay bi-we...
Hello all, Hey I was wondering, I live and invest in Louisville Kentucky. Does anyone know a bank that will do blanket loans on rental properties? I have 4 single family houses all valued between $40 &50k each an...
I have a property on a rent to own and I think they are going to get a mortgage and pay me off. How should I invest the cash from the sell of the home? It won't be taxed high since it was my primary home for awhile. I...
I'm looking to start my BRRR and wanting to see who you all are using and have had great success with. And what type of seasoning you all having to have before they will refinance you?I have several rentals I have pic...
I spoke with an investor friendly lender today who said that if I do a cash-out refinance on one of my 5 SFR properties (all of which have conventional mortgages), then I won't be able to get conventional loans on inv...
I ran a hypothetical mortgage payment on a calculator and found that when making double payments (one normal and one principle only) on a 30 yr mortgage you pay less in interest then single payments on a 15 yr. I hea...