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Is it possible (and if so, would it make sense) to refinance a commercial mortgage on a duplex to a personal mortgage that would be owner-occupied? We're planning to rent out our current personal residence (have been ...
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Does anybody have a recommendation on a local bank to work with in Cleveland or surrounding suburbs? I am looking to purchase my second property in 2021 and everyone stresses how using a local bank can provide advanta...
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Hello,Our back up contract was unexpectedly accepted so the timing on everything shifted before we had everything lined up. Hence, we are about to close on a mortgage for an investment property and we are in the appli...
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Any mortgage brokers out there that can tell me what rates are on a 30 year fixed mortgage for $1 million purchase price, 8 unit multifamily in Brooklyn, NY. Ranges based on credit are fine. Also, should I assume 20...
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Hi. From what I've been hearing and reading, direct mailing to motivated sellers work because I'm "solving their problems". This means I can help them by buying cash, closing fast, etc.In YellowLetters.com, a lot of t...
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So I'm about to graduate UofU in mining engineering in roughly a year. Upon graduation and saving up, I think it would be smart to invest in a fourplex, living in one of the units. I don't have much of a credit score,...
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Hi all! So my DTI is currently too high to qualify for a conventional loan. If I go DSCR route how much do they give you towards the house ? I know it’s based on income the house makes so that could be tricky question...
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Hey BP world!Reaching out to gain some clarity to on the BRRRR method and house flipping in general. Where my confusion comes in is in the debt to income portion of these deals. Let's say I buy my first home around $8...
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HelloI currently reside in the Cayman Islands and I am very interested in getting into real estate investment as soon as possible. In particular, I would like to invest in multi-unit residential property, starting out...
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I am selling my owner-financed condo. It is currently under contract. Buyer wants to assume the owner-financed note. My owner wants a lump sum payment. I agreed to owner-finance in second lien position if my buyer ...