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Hello BP fam! I'm curious if anyone can provide any input on my first deal here! I bought this deal by owner financing 5k down with a balloon of 50k after a year. He owned the home free and clear and I am now the deed...
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HiWe live in the middle east, and for a few years, we have been wanting to invest in real estate in the US. We have no previous experience what so ever.The local market is way over priced, with most properties costing...
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I've just been preapproved for another SFR conventional loan (my 3rd, all with the same lender). The quoted preapproval is 5.750% with and approximate APR of 6.200%. I'm not too impressed with this, my previous loan...
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I've been told you need to put more money down (25%) and can expect a worse interest rate on a loan for investing out of state. If I got approved for 3.8 for in-state rental property, approx what can I expect searchin...
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Hi all, Newbie question. I am actively looking for a rental property and would like to know if I should get the mortgate pre-approved or find the right property and get the loan. Looks like some of the sellers are i...
Hey!I wanted to reach out and see if anyone had any experience getting a multifamily unit using an FHA loan.Specifically,1) How does the process work? 2) Do you find a property and pitch the “idea” to a bank?3) How do...
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Hello everyone. My primary residence is in California, and I own it free and clear. It should appraise for about 2 million dollars. I'm looking to do a HELOC for $1 million dollars on my primary residence. I've ca...
Can anyone recommend a lender in San Antonio willing to loan to a Series LLC?
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What is the best way to use the Rental Property Calculator when you are planning on putting together a seller financed deal? I feel like you should be able to customize the mortgage section of this calculator but I ca...
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I own my condo, well not free and clear yet - i still have a mortgage - and i'm looking for ways to build cash reserves to start my real estate venture. I'm a super beginner in this process, but very motivated. unfort...