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I am in contract to buy a commercial property but I having an hard time finding a lender who would finance because it is bit leased out yet. I am planning to close, renovate and lease it out. Looked into bridge loans ...
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Can anyone point me to a narrative that explains exactly how a FHA 203k loan works? Is the process flowcharted out anywhere? How much repair can be financed? Do you make IO payments during construction? etc.
Thank...
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To my surprise, after 8 months I found out last week that the 2 people who signed the lease do not live there. Their daughter lives in the house with her boyfriend. I’ve never felt the need to just drop by unannounc...
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Should I set up an LLC before purchasing any investment property?
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Hello All, my wife and I have 6 doors in Denver. We have a bunch of equity and have reached our DTI limit. Therefore a HELOC and cash out refi will not work. We would like to use the equity for a down payment and a...
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Hello Bpfamily,
Im looking to get some advice. I am a new investor trying to get started. Currently I own a single family home which I reside in. I would like to either purchase a multi family home or buy another sin...
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New to the forums listened to the podcast for a few months. I have a down payment set aside for a property but can’t get a loan because my job history is a little short and I’m self employed but my credit is great. Fo...
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Hi all.My parents are looking to purchase a 4 unit near their primary residence. 3 of the units are rented and one is vacant. The tenants have the right to stay until their lease ends correct? At which point rent woul...
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Hello guys, I'm new in REI and I'm planning on getting started with wholesaling in San Jose CA. I've done a couple marketing tactics that got my face flat on the ground but that doesn't stop me I'm trying to really be...
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I have a private lender or two, and I'm trying to figure out the best way for me to utilize their money for investing (flipping). Some ways I've come up with so far:Note on each property - this is the most common way...