Matthew Carfaro
FHA Loan requirements
I am writing to try to start a thread about the current and future lending standards in the mortgage world. I would love to know what FHA loan requirements lenders are asking for currently (i.e. what credit score, deb...
Michael Maltais
How do I realistically weed out the bad tenants?
I am just getting into looking around for a multifamily to live in one and rent the other. I hear the horror stories constantly of the bad tenants who slip through the interview and background check cracks. How is thi...
Jaydeep Deda
Cash out refinance on Signal family rental
Anyone did Cash out refinance on Signal family rental?
I am trying to do cash out refinance on single family rental and getting high rates 4.37% with 2 points. My mortgage guy is saying rates are high because of COV...
Derek Fahy
SF first time homebuyer
Hello. My name is Derek. I am a 34 years old and am looking to invest in my first property in the Bay Area in the the next 6 months to a year (working on improving my credit score first). In the mean time, I would lik...
Joseph Ziolkowski
Advice needed - Kiddie Condo Loan
Alright here's the situation. In the Fall of 2017, I'm looking to buy a house in a college town with an FHA loan for myself and roommates to live in. The problem is, I don't have a W2 income and I wouldn't qualify for...
Felix Rivera
Funding for my first deal !
Hi my name is Felix (Real Estate Investor,Newbie). I'm looking for advice or suggestions on how to go about funding for my first deal. Do anyone know of PML/HML ?
Oren Toubiana
Bank vs Mortgage lender
Hello everyone,
I’m new n BP and about to purchase my first investment property. My credit score is good (750+) and unless I'm missing something important, my main criteria to choose a provider for a 30y conventional...
Chad Jarrah
Multi Unit Financing (4 or more units) Referrals
Hello BP Community...hopefully you;re all doing amazing things! I wanted to know if anyone could pass along any good commercials lenders for multi-units of 5 or more. Specifically ones that don't take into considerati...
Evan Carrozza
Best landlord friendly state to invest in for newbie
Hey guys,25 years old, and live in NYC. Looking to buy my first rental property but I don’t know how to get started. I have close to an 800 credit score and no debt besides student loans (10k). Have a stable full tim...
Margaret Webb
DTI is too high but good credit
My son has a personal property and two rentals. He just got an accepted offer on another rental. He has been told now that his DTI is too high. The rental is a great deal. He doesn’t want to lose it. It pencils ou...