Todd Mathis
Purchase a live in flip
What type of financing would I need if I want to purchase a house and live in it for a year while fixing it up? I would want to do the major rehab (Kitchen/Bath) before I move in. Is hard money my only option and then...
Mike Zhou
MF Syndication LP buy out Proposal
The MF Deal is refinancing after some value added. They provided a buy out option to return the full initial capital back, however there will be no more interest in the deal. Is this a common practice, I thought typic...
Sathiya Gane
First property down payment private money NC
Dear all,
Thanks for educating a newbie like me via your post and response. Learning a lot via discussions .
I am venturing into my First rental property in Greensboro ,North Carolina a student housing.SFR located i...
Braden Hobbs
Buying buy/hold property with no DTI room?
I am currently seeking to buy my first investment property but with my own primary home loan I won't have any room under DTI restrictions to get a personal mortgage on a second property.What are some ways to get aroun...
Jeffrey Grieshop
closing fees + which services to select
Hey BP, I was looking at a particular lender. I was amazed at the options, to be honest. There are 30, 20, and 15-year loans with many rate varieties. The lower rates always incur larger closing costs. Seeing this m...
Rodney Lorenzo
Why is "lock" and "conditional" used in the same sentence?
Does the word "lock" have any meaning if the rate continues to adjust during that certain period? If so, why do some lenders use the word "lock", when it should be "conditional" that they need to use? As a newbie, thi...
Bob Randolph
Tenant requests RTO/LO ?
I have a tenant that approached me about renting to own my property. I was forced to foreclose and wound up with the property and the tenants. What should the tenant pay for in addition to the monthly rent if they do...
Account Closed
Multi-family Investing Raleigh Nc
I am looking at starting my first deal and wanted to know what are the options investor financing? I currently do not own a home since I just moved to the Raleigh area. I am looking for the multi-family investment opt...
Dennis Cobos
FHA, 203k or Conventional Mortgage with less than 20% Down
Hello all!My girlfriend and I are new to real estate investing and we know what strategy we want to follow; it’s going to be buy-and-hold in multifamily properties. We are aiming to buy a property around the middle of...
Steve Shiner
NACA vs FHA/MassHousing Loan for first Property
Hi BP Community, I'm trying to determine the best strategy for starting out as a real estate investor. My mortgage options are FHA, NACA or a MassHousing (Fannie Mae in MA) Loan. I want to leverage these loans in orde...