Hi, I have a loan ( commercial) @ 4% with 40% equity built in and remaining payoff about 117K. I would like to reduce my interest rate and also reduce monthly payments. Thinking of refi with 5 yr ARM. I know I can...
Hello! I'm currently an investor and single-family homes and interested in learning more about the multifamily market. Specifically I'm wondering how everybody finances and funds their deals through FHA and HUD. If an...
I'm new to investing in real estate for rentals. I have a primary residence and would like to protect it and my family from liabilities. I would also like to finance my first investment with a conventional loan.Are ...
Good 'ol Rush came out the hospital in Hawaii straight for a press conference to declare that there is nothing wrong with our health care system and he is the evidence of it. Coming from a man who makes millions of do...
Just curious what the requirements lenders have for multiple buildings with multiple units? I found three 4 unit properties that are 80% occupied being sold by an individual in declining health at 86 yrs old. He has o...
Hello everyone,
I have a unique situation regarding a real estate transaction within my family, and I'm seeking some guidance and advice. I hope you can provide me with some insights or share any experiences you may ...
Hello everyone! I am about to pull the trigger on an 8 unit multi family building in Delavan WI. The property is located in an area that is appreciating and growing rapidly. This will be my first commercial multi fami...
How long should the average appraisal take to complete when I on site at the home? I know it can possibly vary with home size. But what should be the duration?
Hi all! I've been reading a lot of forums on BP and saw many people say that 5% down conventional loans on a owner occupied fourplex is no longer existent. 3 out of 4 lenders I've reached out to also told me the same ...
Hi fellow investors,
I’ve been hearing a lot about DSCR (Debt Service Coverage Ratio) loans lately, especially in the context of long-term buy-and-hold investments. For those of you who’ve used DSCR loans, I’d love t...