Sarah Grise
How to Get Another?
Hi all! So....my husband and I own two rental properties, both of which we were able to purchase with a home equity line. We've owned one for 15 months and the other one for 4 months. Both of which have (very good) te...
Mani Poudel
Moving from Minneapolis to Austin and 4plex
Hello All,
I bought a single home in Minneapolis 2 years ago. If I knew about REI or were I smart enough then , I would have chosen to buy multifamily.
Since I now know about what I should have done back then, here ...
Ben Sorochuk
Feeling hopeless with getting financing
So my problem is the following: I'm a 22 year old engineer in Tacoma WA. I make 100k, have 740 credit score. I bought my first home in April 2022 few months ago as a conventional mortgage 5% primary residence and have...
Tim W.
Help with Mortgage Financing on Small Multi-Family outside Pittsburgh
Hi All,
Was hoping to tap the groups expertise on explaining/guiding me on financing options. I'm looking to by a 4-plex property outside Pittsburgh for about $220K, and am confused about lending options.
I'm 41 an...
Kareem Aaron
Inquiry on getting a HELOC
I'm interested in getting a first lien HELOC on one of my investment properties (i.e., I don't live in the house). I plan to use the line of credit to invest in other properties.The house is worth $246K and I owe only...
Andrew Mowe
After buying your first property
Hey BP community, I’ve been racking my brain about the best ways to finance deals number 2 and 3 of my portfolio and I want to see what you all think.I’m already working on closing my first deal with a low down FHA lo...
Jaydeep Deda
Need help/advice/suggestion for tax and Mortgage structure
Scenario:
I started buying condos beginning 2011. Each year I bought 1-2 properties which needed extensive work.
To build my rental portfolio and offset taxes, I used to buy properties that needed work that was equ...
Freddie Williams
How to purchase 6plex with owner financing?
How would you structure the purchase with owner financing of a 6 unit apartment complex. Would you do lease to own, land contract, etc. I would like to structure purchase to reduce down payment when I close or even be...
Nessa Lyn
House Hacking and Qualifying for FHA
Hello! I'm a newbie and have yet to buy my first official property. (I inherited my dad's home but the loan is not in my name) I found a 5 bdrm home that would be PERFECT as an AIRBNB! I was looking at an FHA loan ove...
Brian Pyle
Trouble Locating Current Holder of 2nd Mortgage
I am the note owner on a NP 1st mortgage on a property in Alabama. The property owner has moved out and has agreed to enter into a DIL agreement. There is a NP 2nd mortgage on the property that I would like to eithe...