Hi Everyone,I am running in to a problem with lending. I am not getting approved for a loan due to my debt to income ratio. I purchased a 2-unit last year that has appreciated tremendously. I house hacked, as I live ...
Hello BP CommunityLooking for a little bit of guidance here...I have been spending quite a bit of my free time learning about the benefits of REI and decided recently that I will be pursuing a buy + hold strategy to b...
I assume multi-families in Oakland are going over asking, but how much over asking is expected in the current market?Looking at a property in Oakland area near Piedmont, and it's listed as a side-by-side duplex.Thanks...
Forums,
I have the opportunity to buy a house with a owner occupied loan with about $12,000 out of pocket to get in. Here are the details. Purchase price $162,500. Comps in the area sold for about $170,000. M...
Hi there!!
So initially I was considering 'house hacking' a MFR but seems that within the perimeter of Atlanta the pickens are slim. Just recently heard of invest atlanta program where they provide assistance towar...
We've found that most of the landlord owners that we deal with don't want us to let their tenant know that they're trying to sell the house for obvious reasons.
They tell us to tell the tenants that we're insurance a...
I am looking to buy a property with an accessory dwelling unit but was informed by the zoning department that either the primary house or accessory unit would need to be occupied by the owner. This situation would be ...
so i was wondering,
in areas with lots of homes on the market and people losing thier homes or on the verge of, does this mean the price of rents will rise or depreciate?
Current lender is offering 70%....another local lender willing to go 75%...standard seasoning is 6 months...has anyone seen higher LTV's or shorter seasoning?
I am really interested in the idea of purchasing a multi-family property, likely in the Chicago area. I have found many properties in the 250,000-500,000 price range. As a commercial loan, my guess is that I have to g...