Donald S.
Using conventional mortgage as purchase loan on BRRR?
I saw a post yesterday where a guy used a conventional loan to do the purchase half and refi half of the BRRRR strategy. I'm wondering the pros and cons of this vs using private/hard money loans? For cons I can only t...
Account Closed
Purchase as equity for the loan (How-to)
How do I use the purchased home as equity for the loan? Is it wise to do this, or is it better to use a separate asset as bank equity for the mortgage?
Dustin Turin
Financing Structural Repairs on Recently Purchased 6-unit
Hi folks,I recently purchased a 6-unit residential apartment building using commercial financing and 25% down. Of the down payment, 70% came from a HELOC on my primary residence (owner occupied 3 unit).Unfortunately, ...
Don Cuffy
Purchasing a House in a Trust with Liens
Hello. Has anyone ever purchased a house that is in a trust but has liens on it from the original owner? The original owner is not the beneficiary or trustee of the trust. I am in talks with the trustee. I did a title...
Patrick Gilsenan
Better to target properties or markets for purchase?
Hello,We are looking to purchase an out-of-state, 4-to-6-unit building (the numbers don't work in my local area) and have been reviewing all of the usual outlets to locate those. However, I am wondering if more experi...
Dan Leaman
Owner Financing, Lawyer, Title, escrow, Purchase and sales
Hello, I am looking for information for a great full service lawyer who can draw up Purchase/sales agreement, run title search and escrow accounts and register with county all the necessary and legal paperwork. If a...
Kwame L. Dougan
Jumbo loan options for home purchase in NJ
Hi,I'm helping a small-business client purchase a single-family home in Central NJ. It has a separate apartment attached that would be income generating. It would require a good amount of TLC, and we'd like to compar...
Lyle McCartee
"Pooling" funds to purchase/invest in a property?
Hi colleagues,I have a SD-IRA with less than $2,500.00 in it. I started the account last year with a custodian out of Texas, and really haven't done anything with it yet. I would really like to start using it to my ad...
Nick Laverriere
Seeking Advice on my FHA 4 unit purchase!
Hello BP community! I'm so excited to be making my first post on here! I found a large 4 unit building in Portland ME, a fast moving market with very little inventory. I was impressed with the numbers on this buildin...
Billy Helvey
Looking to purchase first duplex to house hack!
Hello,I'm looking to purchase my first duplex in SE Springfield, Rogersville, or Ozark area. I'm not finding anything so I'm reaching out for help to see if anyone knows of anyone who has one that is willing to sell t...