Paul Winka
HELOC TX investment property quick recommendations
I called 4 banks this morning. None of them will finance a property that is not owner occupied and did not offer anything in the way of referrals to a bank that would. The house is in San Antonio. No other liens.
So ...
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Fractional Ownership - Has anyone done it?
I'm looking into possibly purchasing an ocean front property and either selling it as a time share by week, or perhaps in 1/5 or 1/7 fractions for people who want ownership interest, but like normal familes only use a...
Emily Forthun
Contract for Deed Gone Awry...
Investment Info:
Single-family residence fix & flip investment in Edina.
Purchase price: $850,000
Cash invested: $82,000
Sale price: $1,305,000
This was a 2015 tear down and build. Initial o...
Barri Griffiths
Multi family now or later??
I'm a first time investor, and have been researching and learning about REI, and I thought I had formulated a plan, where I would buy a multi family(ideally a fourplex) live in one and then rent out the other units. B...
Ted Strzelecki
Funding for 20 units and above
Hey fellow investors, I hope you are all crushing it out there. I have come to seek counsel from the collective brain trust here at BP. So I am looking to do a potential 40+ condo conversion unit from an old mill. I a...
Jordan L.
Can you purchase two properties under the same loan?
I was just curious, I am a newbie in real estate. So all knowledge you have,please share. If I am interested in two properties, can I get them under the same loan? Or do I have to get two different mortgages. Is this ...
Account Closed
Self made millionaire by age 30 (Not through a 401K or IRA)
Please see this link by a self made millionaire by age 30 (He didn't put any money into a 401K): https://www.yahoo.com/finance/news/self-made-millionaire-dont-put-161146781.htmlSave money and keep it liquid to invest ...
DCguy Makumbe
Info. to bring to lender
I bought a townhouse in 2011 and converted it into a 3 unit multifamily using personal credit. Based on quick comparison with similar properties in my neighborhood, the property is now worth about 850K, and I owe 590K...
Jerry Betts
New Member Introductions
Hello,My name is Jerry, but I prefer my middle name Nathaniel. I am new to the real estate investment field as far as acquisitions go. I have about 5 years experience with short term rentals as a host/co-host. Looking...
Precious Thompson
Financing Properties
What is the maximum amount of properties one can finance through a bank before the investor have to find a new method of acquiring cash from different sources?