Adrian Santos
FHA Multifamily Max Unit number changed?
Hi,
I'm a newbie real estate investor. Still educating myself on real estate. I'm interested in purchasing a triplex here in Jacksonville, FL. I can do a 5% and closing cost as of right now. When I tried to find ou...
Baha Acuner
A friend is about to lose a property to short sale
This is my first post and I have never been involved in real estate investing before. So here's the situation. A friend , who is about to move overseas for a job, lives in a nice condo in Arlington. The value of the p...
Zach Adams
Lender putting a Cap on Seller's Contribution
I'm closing on the 30th on another SFH and was reading over some documents today and noticed that my lender (30yr 4%) says the maximum contribution at closing from the seller is 2% of PP or in this case $2700. I'm pre...
Felicia Dooley
What is the More Popular Hard Money Lender for Investors?
Hi I have 2 properties that I need to get funded that are not credit driven. I'm looking to find a reasonable private or Hard Money Lender that Investors normal go with to get funding. What is the due diligence that a...
Nick Lee
FHA loan owner occupancy requirement
As an investor, I understand we can purchase mult-family homes under 4 units with FHA loans, but it requires you to live in the property as a principal residence for at least one year. Is it possible to purchase m...
Boone Tyson
McAllen Fourplex Rental!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Mcallen.
Purchase price: $165,000
Found this off market while lead generating for seller listings. Waited about 2 months and o...
Chris Lohmeier
How much more interest is a 30 year loan worth today?
I have a very specific situation but also a broad question. I have a property under contract with a closing date that gives me plenty of time to search around for the best mortgage. This is a good SFR, a great deal, ...
Mike Austin
New Member - Central Texas!
Hello,This is my first time posting. I live in Central Texas and am just starting to learn about REI. I am planning to use an owner-occupant(fha) approach to acquire my first multi-family unit.I was hoping someone cou...
Geoff Woods
Starting to use OPM the right way...
Hi All,
My goal is to have $12,000/mo in passive income in the next 7 years. After locking down my first 4plex through conventional financing, I realized quickly that 10 conventional deals will not get me there. How...
Joel Matthews
Lending Inquiry for BRRRR
Hi, I am fairly sure one of my properties will not produce enough rent to cover the PITI. As I’ll need to refinance in the next few weeks, any lending packages I can leverage? Thanks,