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Hello everyone, I am very new to this forum and excited to learn. I have a simple question to ask, and realize the answer may be to speak directly with a mortgage lender, however I am wondering if anyone knows first h...
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Hi All,I'm considering the opportunity to lend private money to a small group of investors I know who are buying rental properties, doing slight renovations, and leasing them out. The business plan seems solid and I t...
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Hey guys! I'm a new BP member from Nashville and have been lurking and listing to the Podcasts for a while now. Just a little about myself, I realized about a year ago that my long term goal was financial freedom and...
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Hi,I'm 26 and do not currently work. However, my father, 85, receives a decent government pension of around $50k a year. Together, we have a large amount of cash that we'd like to invest in rental properties, but I sp...
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I am having difficulty financing SFH home purchases beyond 3/4 units due to real/perceived Fannie/Freddie constraints. How can I finance at a reasonable rate more unit purchases? Use regional banks? What if its a ca...
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All,
My father fell on hard times like many folks. He essentially lost everything (including a good credit score) and is at a time where retirement is probably best for him. He will have social security and some pe...
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Just a quick update to all my fellow short term, multi unit or property investors in general..
I've been working closely with both investor specific mortgage brokers and local credit unions on in house portfolio loan...
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My wife and I are considering purchasing our first home from a family member in the area (Charlotte, NC). This family member is willing to gift us equity. Their goal is to downsize and walk away with around $10k to ...
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Hi guys, I'm pretty new here
I live and work in the Bay Area and planning to buy a house in the midwest (eventually move there). If it is Investment property loan - interest is 5.2%, home loan - 3.57% (50 k less to...
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Wondering who out there uses a mortgage broker, who doesn’t, and why. I can’t see a downside to using a broker - it seems to save a ton of time and ensure that you’re getting the best deal. Insights and preferences to...