Brandon Pace
What are the best practices for obtaining portfolio loans?
I am currently doing a cash out refinance on my primary home and using the cash to fund the down payments of my first two investment properties. All three of these use a conventional loan. I will not qualify for anoth...
Jerryian Francois
CA N I US E A 203 K To Fund A Rehab In
HEY GUYS JUST WANTED TO KNOW IS IT POSSIBLE TO GET FUNDING FOR A LIVE IN FLIP IM CURRENTLY ONE SIDE AND WOULD LOVE TO REHAB THE WHOLE PROPERTY I GOT IN USING FHA ! CAN I USE A 203 TO FUND THE REHAB??
Justine Lee
New Mortgage vs Home Equity Loan
Hi! I am new to real estate investing and own a co-op in Brooklyn, New York. I am currently saving to buy a second property. I'm wondering if it makes sense to finance this second property with a new mortgage or a hom...
James Haffner
In contract! Now what?
My Gf and I just landed our first multi unit property under contract yesterday! It's a fourplex that brings in $3035. We made a deal at $307,500 for the property. Were going to use the VA loan benefit that we have to ...
Raj Parwani
BRRRR refinance question
Need clarification on cash flow during refinance phase: Purchase 200k; initial down 40k; rehab cost 20k ; suppose ARV 250k; rent from unit $1400; so if I refinance then the amount I would want to take out would be the...
Jennifer Anderson
Privately funded Reverse mortgage?
Hello All,I have a situation. Not sure how to approach this and any advice/suggestions would be appreciated.I have a friend who asked me about a reverse mortgage. He is 55, his wife is 67 and disabled. She owns thei...
Account Closed
Agreement For Deed (Rent to Own.. Kind of..)
My wife and I entered into an Agreement for Deed to sell our home in 2012. We were underwater and our neighbors agreed to buy above market price (so they could have contiguous property and they loved our house) if we...
Kyler Venson
Just bought first place in Hampton Roads area and very nervous
Hello everyone, i just purchased a condo in the Hampton Roads area with a VA Loan so i will be living in it for the first year until im not required to do so anymore and can rent it out. I purchased a beautiful condo ...
Christopher Corso
Family Friend with Distressed property on Long Island
I have a family friend in dire straights, her husband died a few years ago and her son and her self have some mental issues, they are no longer working and she collects about 500$ in social security. I'm not sure if s...
Kyle Hungerford
Go or No Go? Buy and hold opportunity
Wanted to get some community input on a property that I'm considering. Here are the details and projections:
2,000 sqft townhouse, 3 bed, 2.5 bath
Purchase price of $225k, financing with a loan (I'll have roughly $...