James Taylor
Should i et into real estate?
So i live in Norway and want to get into real eatate in the US. After my reaserch i feel that investing is better in the US as the average property in Norway are twice as expensive as in the US.Is it possible to get a...
Leo Tamcsu
FHA Loan at 18 / What problems do you see
When I turn 18, I plan to get a 4 unit house and live with my friends, If I do a down payment of the conventional 3.5% and then split the rent 1/4 or even charge them more, what could go wrong, assuming I’ve known the...
Victor N.
Looking for a Bank for my BRRR Strategy
Does anyone has a recommendation for a bank or credit union which will do a Heloc or any other type of cash out for a non owner occupied property?Im looking for a Heloc on a duplex that I own free and clear.TD Bank do...
Amir B.
Conventional Mortgage Loan Advice
Hello BP Community,I got a MFH loan for $400,000 with my personal bank (Wells Fargo) back in June. It doesn't expire until October. The interest rate is 3.625%. WF has high lender fees and the interest rate could be b...
Tyler Kaufman
How much house/Creative purchasing?
Hey all, I wanted to start off by thanking the community and the wealth of resources here. To summarize, there are several factors that have me (as a first time buyer looking at Multifamily FHA for house-hacking) to w...
Michael Hassell
First meeting with portfolio lender...
So a mentor of mine is arranging a meeting with a portfolio lender (small local bank) reference a deal I have in the works. This will be my first attempt at such financing. Everything I have done to date has been co...
Joseph Tarallo
Financing question
Hello investors hopefully someone can help me with this. My question is when it comes to getting financed for a second property. If I have one property and it's producing a positive cash flow after mortgage and expen...
Melissa Dorman
How I got a 4 plex in Portland for Free!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,225,000
Cash invested: $100,000
I call this my "Freeplex" because the cash back I received from my commis...
Melanie M.
Motivated Seller -- How to Structure the Offer(s)
Hi BP Nation,
I have a motivated seller with a property in Florida. He wrote a lease-option on the property 2 years ago, tenants are great, responsible for all maintenance, no late payments. Option is written...
Adriel Hsu
Help Analyzing a 14 unit apartment
Hello, I have a 14 unit deal I am looking to purchase, but a few things are making me hesitant so I’m reaching out to BP for opinions. See the 3 things after the financials Purchase price: $390,000 I can get financing...