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Does anyone have experience adding ADU's to 5+ unit multifamily buildings in Los Angeles or elsewhere in California? I see deals highlighting this as a potential option, I'm just curious if once completed how lenders ...
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Hi everyone! I purchased a second home 3 months out of state to be able to visit my parents more. However, we are currently thinking it's better to move them to California to live with me. What are my options if I don...
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I was set up with a lender by my new realtor. He talked like buying an investment property was difficult with no money. He didn't seem to grasp what I needed & because I mentioned seeing an ad saying it was eligib...
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This is my first time in the process of buying a property. I contacted a lender (I'm in the process to know how much $); a realtor (investor) gave me the reference. Should I contact more then one lender?
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Hey does anyone have a lender they recommend that deals with real estate investors..I went to my bank but I didn't get the info I wanted
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I'd like to know what types of lenders I should go to refi rental property.
My primary residence is a rental.
I'm a freelancer with a mix of W-2s and 1099s and my income varies year to year and especially this year ...
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How is the morgage process for apartments over 6 units?I understand a commercial loan is required. Is down payment a standard 25%? What are the reserves requirements? Anything else required?
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I've done SFH transactions and land transactions but am looking to focus in on small multifamily. Is there any difference in the process as far as purchase contract or due diligence periods or inspections or is it exa...
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Need some help….I refinanced my primary residence last December (2020). I did what was called a CEMA modification because I was using the same lender. (For those that are not familiar with those, it’s too long to expl...
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This is my first post, but I have been lurking for about a month now and I am enjoying the discussion and appreciate what I am learning from this forum. Thanks to all for your contributions.
Here is my situation. I a...