Joe Aquilina
FHA Loan for Multi-Family
I’m young, I’m only 18 but I want to get started with investing into multi-families. One of my main concerns is the loan, I don’t have any knowledge on loans. I have a few questions, so please if you know anything abo...
Han Oh
Buying a 2nd lien note with owner in bankruptcy
I am in contact with a 2nd position private lender who is willing to sell his note at a small discount. The property is in California, the sale date is scheduled for mid December and he is the foreclosing lender. Ther...
Bill F.
Forgivable Loan for First Time From Employer
Looking for the loan experts on BP to answer a mortgage question. The company my wife works for has a program where they give first time home buyers money toward their down payment in the form of a forgivable loan. Th...
Michael Braatz
15 or 20% down
Hey all,My partners and I are working through our first offer currently and two options we have through a conventional mortage are 15% or 20% down.I realize that the decision will most likely be a subjective one, but ...
Charlie Lannin
Foreclosing on a Land Contract
The buyer of our house on land contract has not paid the last month and is not responding to our requests for payment. Does anyone have a link to paperwork we can pass along that will start the foreclosure process (a...
Jay Azurin
Tenant wants to leave 2 months before lease ends
Hi,I have a tenant who wants to leave 2 months before the lease ends. Apparently they bought a house and asked politely if I was open to letting them out of the lease early. Unfortunately I don't have a specific ...
Mac Trader
<3x Income, full year up front?
Greetings all! I've been lurking and soaking in every word of information in these forums and site. It's been an invaluable resource as I seek to fill a new vacancy in my recent rental. I set the BP standards in my li...
Kris L.
Looking for Property Manager input for student housing
I’m looking to get some small multi family property near a medium sized university in a college town. Something like Kansas State, Texas Tech, Nebraska at Lincoln, Arkansas etc. I was looking to see if a property ma...
Roger Vi
What do you think of this 4plex?
4 plex right off busy intersection and <1/4 mile from interstate ramp.
2bd/1bth 2bd/1bth 3bd/2bth 1bd/1bth
4 Parking spaces (2 covered) + 4 street parking spots
Purchase Price 325K; 25% ($81,25...
Michael P.
Property Value 80k - what about PURCHASE PRICE?
Hi everyone,Worth 80, has tenants, paying 800 monthly, no actual work necessary. I am doing a 30yr, 25 down, 5.125 rate, my payment 280. After mortgage, tax, insurance payment I will be positive 366.What should my pu...