Hello!My husband and I own 3 multi family properties. We found an amazing deal nearby that we want to BRRRR. We have the cash to purchase and rehab. However, my husband just took a part-time job as we’re making the tr...
Hey all, a friend of mine is looking to do a house-hack on a 3 unit. She had a call with quicken loans and they told her on an owner-occupied 4-unit, she had to put 25% down. I haven't done one of these in a while b...
I have Ben approved to purchase my first investment property through the VA for up to $415k however the property value has risen here in my area which is putting me in a hard place . Is there anyway I can purchase a 4...
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...