Hi BP Friends! If you are doing 10+ deals a year, how are you financing your down payments?Are there other creative ways to raise the money for the equity? We have 7 years experience and proven track record, construct...
Obviously the location of a property doesn’t impact the down payment/financing but there is a property 2 doors down from the property my wife and I just purchased and started renting April 1. We are killing it this m...
Just a week ago I closed on the refinance of my 48 unit apartment complex purchased just 18 months ago. Since I get a lot of questions from individuals asking what I look for in a multifamily property and what a good ...
I have property I procured with hard money which is approaching the due time for me to refinance into a conventional loan. I got a quote from a company we decided to move forward with. This will be a DSCR loan. Howeve...
Hi everyone,
I found a lender that lends 30 year fixed with only 10% down and waive PMI on 1-4 unit INVESTMENT PROPERTIES. I believe they hold the loan in house which is why they can offer such favorable terms.
The...
Buy my first house with a 100% financed mortgage loan from my bank?
OR
Use the mortgage loan which would be 90% financed from my bank to buy a multi family unit? and then eventually get my very own home.
Why or why...
Finding The Deal
This deal more or less dropped in my lap. I had ‘wholesaled’ a property from a seller in the Summer of 2020. You can take a look at that deal diary here. The seller and I had stayed in contact for ...
Hello! My name is Klesta and I'm brand new to these forums. I have been listening to bigger pockets for 10 short weeks now, but I feel I have learned more here than in any of my years of attending college or the MBA p...
Hi,I am new to real estate, reading what I can, watching BP webinars, etc. I have yet to decide on the route of REI I want to take, but I'm positive it will be in the residential rental market.I am having trouble gras...
For a Conventional Loan, is there any reason why some one would not want to set up a True (Simple) Bi-Weekly payment structure? At least for a some one who is planning on holding the investment for a long time. S...