I got a preapproval of $700K using rental income and 3.5% downpayment for buying a MulitFamily. Even if this is exciting, I am scared I may make a bad choice. This will be the first time buying a home. I have been rea...
Im looking to make my 1st Rental Property purchase here in Miami, FL. I have been approved for a 390k conventional mortgage as well as a 375k FHA. I understand I cannot use my FHA to Finance my Investment property. I ...
I am about to start self managing using COZY but first I'm trying to get to know someone who already uses it.
Hello all,I am currently under contract on a "4 unit" building in rural Maine. This building was originally a 4500 sqft SFH but was converted to a multi-family about 20 years ago. In the last 2 years there has been a ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $350,000
Cash invested: $70,000
SFH with tons of deferred updates and zoned for an additional dwelling unit ...
Hi everyone! Hope you are all staying safe out there. I am thinking of getting into RE game as a private lender. I have some extra money, have a steady job and I was thinking of safe passive ways to get into this game...
Question ! I have an eviction already in process (tenant has already dragged out for months through Bk filings, etc, etc) and now after 8 months we are getting close to the process being complete. Does this coronavi...
Hey, y'all...what changes have you noticed from lenders or any vendor involved in the investment process? Change of rates? Change in turnaround time? Or no changes at all?
Within the next year I will be purchasing a home with my wife. We have a small amount of money saved towards the necessary down payment ($30k). I plan on utilizing equity within a rental home to get the remaining down...
Has anyone utilized their VA loan benefits to finance a property? What are the benefits of or draw backs with using this type of loan? Please advise.