Eric Samek
Mortgage Loan Issues
Hello,I have a question. I purchased a property with the intentions of moving in so I financed it with a 30 year conventional loan. Some things changed and ended up renting it until we can move out to the property whi...
John Frazier Jr
Very new and interested
Hey, I was recently released from prison and looking to invest in real estate. I am interested in small multi-family homes. As I have just released I don't have much in the way of a down payment ($2000), and I am on a...
Dean Gullo
First Multi Family Purchase
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $330,000
First multi family home purchased. 2 units. 3 beds 2 baths being rented out. Currently living in the ...
Kevin Smith
My current small start to a portfolio
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $169,000
Cash invested: $35,000
Looking to put 70K into the separate garage to make a 730Sqft home. The property in...
Anthony Gayden
24 Unit. Residential Mortgages or Commercial Loan?
Let's say there was a 24 unit apartment complex that you wanted to buy. The complex is actually composed of 6-4 plex buildings all on separate parcels. Would it be better to finance through residential mortgages or th...
Claire McCormack
Best Financing Product for Quad
Hi there - first time investor looking to finance a $1M quad. Can’t use it as a primary and live in it, because we just bought a suburban house for the kids. Interest rates are SO high, coupled with a minimum of 25% d...
Jeff Filali
Purchased 3 more properties this week to rehab...BUSINESS IS GOOD
Business is going well already in February. Purchased 3 more SFR's this week to rehab and put back on the market in March. Deal 1: ARV $70,000 Needed Repairs: $10,000 Purchase Price: $38,000Deal 2: ARV $60,000 N...
Michael Dunn
No-Seasoning Cashout-refi .... Confused
There is something that I am confused about , and that is the following ...... " The New Loan amount must NOT be more than the borrower's initial investment in purchasing the home + you can finance the Closing Costs ...
Moriah Giles
Getting that first investment property..
Hello everyone, I have been studying RE investing for a few months now and deciding I want to invest in my 1st single family property, locally. I currently rent out an apartment with a one year lease (halfway thru), H...
Stephen Quesnel
Connecticut 203K - First Investment
Hi everyone,I am learning about the FHA 203K loan to potentially finance my first flip, but am having trouble finding this info...In Connecticut, exactly how long would I be required to live in a 203K property before ...