My friend and I purchased a 3 family home about 2 years ago. We started out by watching bigger pockets youtube videos and dove right in. I see tons of success stories and I’m trying to get myself in that position as w...
I am trying to arrange financing for my first REI, I will owner occupy the unit, it will be a multifamily house. I went through a short sale little over 2 years ago because of a divorce. I subsequently moved across th...
Here's the situation. My fiancé and I are trying to buy a new construction home. We were set to settle on April 30. On Monday, after working with a bank for over a month, we were notified that we were denied due to...
Can you guys & gals help me out, I have Canadian Investors who want to invest in Niagara Falls, NY USA, (& Americans who want to invest in Canadian Property but US Banks will not write mortgages for the Canadi...
Hello BP community! Total newbie here seeking some advice.I have been told by my local financial institution that all of their loans for investment type properties require 25% down at this time. Does anyone have any r...
Using the BRRR strategy, will I have any issues refinancing if the property is assigned to my one-member LLC instead of my personal name? The LLC is less than two years old so I'm 100% sure I will need to use my credi...
Hello,Does anyone know of a bank or credit union willing to do cash Out Refinances on a multi family property in an LLC? The property is located in Atlanta, Georgia. Thank you in advance,Doris
I am currently looking at purchasing a 24-unit apartment complex with a business partner. I would like some feedback on our strategy to raise rental rates since this property is only a deal for us if we can successful...
Hello all,I had a question about how private money works... If I have around 75k to invest but need about another 25-50k to put down a down payment on a decent multi-family I was thinking that private money would be ...
Hello,I have heard that it is a good idea on your first deal to do a 5% conventional loan and then to do a 3.5% FHA loan on your 2nd property when you move in. What are the major advantages/disadvantages of doing your...