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Currently house hacking using an FHA loan. Duplex in my area has been on market since early July. Price has been dropped twice since then, $25k each time. My brother and I are trying to figure out a way to secure this...
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Hi,
I am new to the world of investing. Im looking into buying a manufactured home that is on a little over 3 acres. It has a barn and covered horse arena. There are 9 horse stalls along with spots to park horse trai...
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so I've been hearing people saying that if you buy a commercial property 30% off market value then you might be able to get 100% financing since the lender will lend 70% of the value of the property and value is based...
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Hi,
A client of mine needs financing for a COop .Not many lenders do this. Would appreciate any leads for lenders for Coops.
Thank you
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Hello! I have been getting great preapprovals from a couple of banks. However, I just started putting in offers on multifamily homes, and mortgage brokers have stated that for owner-occupied duplexes there is a 15% mi...
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I’m approved for my next rental purchase (second investment prop). How can I get approved for my third property if the banks typically require that I have a leased property for two years on my taxes to offset the loan...
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Any recommendations on lenders in Myrtle Beach, South Carolina who does delayed financing on a condo? Thanks!
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Hello Bigger Pockets Community,
I know that it is most preferable to buy a property with cash for the best result in BRRRR. But I was wondering if anyone has found success doing the BRRRR method with a financing opti...
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Hi BP community-I have a chance to get a 4 unit property. It’s currently rented at $800 per unit, month to month leases. Asking is $350k, there are some repairs needed. I can get a commercial loan based on the cash ...
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Hello BP Community -
I have an opportunity to buy an off market 4 unit. Purchase $350k, all units currently rented for $800 each on month to month leases. It needs some repairs but haven’t found any “majors” yet. The...