For conventional loan, a few years ago the minimum down payment on a 1-unit investment property was 20% (if the borrower owns 1-4 financed properties) or 25% (if the borrower owns 5-10 financed properties). I am not s...
I am trying to understand construction loan, my sister has a house with a big lot. She wants to build another house, and rent it. However, she has a mortgage on the whole house. I was wondering if is there a way where...
One of my friends recently purchased an older home with 4 beds and 2 baths. According to Bigger Pockets insights the median rent for the area is $850. However, he plans on charging around $1600 for rent. This is the m...
Hello, My husband and I are hoping to purchase our first rental property this year but need some guidance. Here is our situation...When I was in my mid 20’s my parents helped me buy a home (before I was married) so th...
Bank will refinance after 12 months period. What are people thought about waiting that long to refinance?
Just closed on a townhome and new tenants are moving in this weekend from out of state. Tenants signed the lease in December and already paid 1st months rent. I just found out our toilet upstairs leaked and caused a d...
I use used my va loan to get a duplex. How can I go about getting another loan to get more property?
I'm new to wholesale investing in the DMV and want to know what flip investors look for in a good deal. What percentage are you All-in "65% - 80%" - what's your magic number?
Hi folks,I'm researching out of state multifamily investing for a buy-and-hold strategy.Is there a general minimum number of years you plan to hold a property before considering selling? Let's assume a market that's n...
Hello everyone.... glad to finally post a few questions. We bought a 1 bed 1 bath house that was renting for $465, Tennant in place. It was not a good relationship so we ask him to leave. (Was there 8 yrs and old ...