Hi BP members:What's your thoughts on doing a Freddie Mac vs. local commercial bank loan for a small MF apt (acquiring a 30 units apt)?  Freddie Mac loan has its own advantage obviously (non-recourse, fixed rate, 30 y...

Hi,Through a syndication portal, I got access to this equity deal (as part of the 86% pool). It's a 52 unit in a B class neighborhood in the Sacramento area. On top of checking the financials, I took a look on craigsl...

My business partner and I are buying a rental property (2bd/1ba) in Michigan. We’ve also formed an LLC in the same state. We’ve been preapproved for conventional financing. Because our LLC is new, we’re using personal...

HiI live in California. I took out a HELOC on my primary residence and used the funds as a deposit on another property which then became my primary residence.  The previous primary residence was converted into a renta...

I've been waiting on a short sale as a buyer for the last 5.5 months.

The home has two mortgages.

The first bank approved my offer, and is offering the second bank, Chase, $5K to buy them out. The second bank h...

Hey guys,I’m relatively new to BiggerPockets and I am having a hard time understanding our current market conditions. I am from Long Island, New York, last summer due to COVID there was lots of cash buyers entering th...

A hypothetical example is all I need.
These are mostly about how the loan officer does business.
a. What is the turnaround time for a pre-approval?b. What hours is the loan officer available for client pre-approvals...

So I've been watching a property from a distance (I am not currently in the area) and it has kept my attention. My initial plan was to house hack with my va loan; however, this is looking like a great deal if I could ...

I wanted to run these numbers by everyone on this forum to see if this local bank might be the way to go in lieu of conventional financing for our next purchase. There are both pro's and con's to what they can offer(...

Hello all-What is the general opinion with regards to paying down debt vs investing in properties?  I will be receiving a bit of cash here in the near term and cannot decide whether to pay off my existing credit card ...