Hello,I've been following the BP community for years. This is such an amazing community, kudos to everyone. I'm reaching out to ask for unusual advice in this community. While most are asking if they should quite thei...
Hi everyone. Can anyone give me guidance on FHA loan options for a 100 unit stabilized complex. Loan would for between 3 to 4 million. How much down is required and how does one go about pursuing this product ?
Thanks!
i am trying to figure out what my options are gonna be on my first property. i have no credit that im aware of. i just got a credit card that im going to just barely use so i can try to gain some credit. are there go...
I plan on purchasing a fixer-upper. It's a duplex. The purchase price at auction is $16,800, but it needs over $100k in work. The estimated pre-rehab value is $68 - $92k (Trulia / Redfin). The ARV is $225k. Is there a...
I was doing some research and looking for a coach and mentor and found Mat Piche, an REI in the Kitchener-Waterloo area. An area I'm looking to start investing in.He actually got a YouTube channel and have some before...
I am considering buying a couple properties from someone who is "getting out of the game" and I am not going the conventional mortgage way meaning higher interest. The math still works out and I make a little when con...
Hi All - I am going to meet with a couple local banks and credit unions next week. I am in the process of creating a package to give them so I can look as professional as possible. My partner and I are looking to refi...
Hi BR,A MFR was posted recently near us, and I was interested on what we would have to do to obtain financing on something this large. Specifically, what do banks/lenders look at to approve a loan this large. If we we...
My girlfriend and I are currently renters and would like to transition to home-ownership within the next year or so. We are also, however, interested in starting our investment portfolio ASAP. As our current lease s...
Hi BP Members!I got into an interesting discussion with a Real Estate Agent in my area. The RE agent was clear in stating that no broker would even talk to someone looking for a FHA loan in Astoria, Queens as it is to...