I've spoke to several lenders at this point and it seems that most will give you 30 years terms but every lender I've spoken with (3 different ones) are all requiring 25% down vs 20% down. Has anyone else seen this? S...
Hello everyone:I purchased my first income property in April of this year. It is an owner occupy double. I put 3.5% down with an fha loan. If I wasn't occupying, I would clear approx. $375/month after mort., taxes,...
BP'ers--a prospective tenant who is undergoing a short sale on their home wishes to apply to rent one of my units. As their credit has been damaged by the short sale, they have offered what they claim is a qualified c...
Hello BP community!
I’m sure this question has been asked ad nauseam but I want to see if there is any new info aside from what I know.
Wife has a 401k from a previous employer.
We are considering purchasing a vaca...
Hello Everyone,I'm considering a deal that is with an owner finance structure for a multifamily dwelling. The investment will feature an eight room 1 bath that situated between two big colleges here in Augusta, Georgi...
Hey Guys.Interesting situation here, starting to snowball with property. Thoughts comments, advice are all appreciated.Bought my first single family at 18 for$69k and 5% down with CMHC insurance. A year later, bought ...
Hey everyone! My name is Blake and I am currently in the process of trying to land my first deal.I’m trying to figure out a couple ways to finance my first brrrr. I have a way to raise the down payment but the rehab i...
All,Looking at my first foray into commercial multifamily (previously done SFR & small multi BRRRRs). We've looking to essentially do the same (BRRRR), just on a bigger scale. How are you structuring your financ...
Good afternoon. I'm looking to buy rental property but live in an apartment. Should I buy a house to live in first and then buy a rental or go right to a rental? I live in central Indiana. Are there pros and cons for ...
I'm a realtor and investor looking into a new idea..
Here it is.. Find a homeowner in foreclosure negotiate with the bank to sell the note.. Find a note buyer to buy it and resell it to the existing homeowner for 3-5...