Brandon Phillips
First Investment : Long Distance : Vegas...Thoughts? Experiences?
My market here in Seattle is very expensive, searching for first deal locally as well as abroad. Vegas seems appealing, cheap houses, rent part of house monthly, airbnb near strip. Does anyone have any insight about i...
Shafi Noss
How do Lenders and GSEs Make Money Selling Mortgages
Hi everyone, I'm trying to get a better understanding of the mortgage system and all the players in it. To my understanding, a lender issues a mortgage to a homebuyer. They give the buyer a sum of money and receive a ...
Chris Connery
Found a bank offering conventional financing to LLC's
Just found a large local bank today that will loan conventional financing to 1-4 units Bought under LLC's. 20% down,fixed rate, 30 year term. I have never found this. Not sure if naming the bank would be in violation ...
Jeremy Christensen
Mismanagement problem solving
I found a duplex I want to buy that seems like a no brainer as far as what the numbers say but the current tenants in the units have no leases and the building is way below market rents. I’m guessing the banks would n...
Daniel Jackson
"Real Estate Mortgage Demand Jumps Nearly 28% In One Week"
Afternoon Atlanta! You might not have the time to read and keep up with real estate news, so feel free to keep up with my post. I'll share what I read as much as I can. Published Wednesday January 18, 2023 by CNBC, D...
Maciej G.
How to get 2nd loan with little money down. Help needed ;)
Hey guys
Last year I purchased my first multifamily building with FHA loan, as I am preparing for my second purchase I am hitting major roadblock from lender side. It turns out nobody wants to give me a loan for less...
Evan R.
Mortgage for a rural commercial property.
tl;dr rural, manufactured, commercial building with obscure zoning. what are potential buyers' mortgage options?
I'm a bit of a rookie dealing with a weird mortgage edge case. I've got a residential real estate agent...
Chase Schwalbach
2nd(but primary) duplex with under 20pct down in Chicago
Hello all, I'm looking to keep my current home and rent it out in the Chicago market. My current payment is around 700 less than I can rent it out for, and it's in an area that is rapidly growing. I'm wanting to move ...
Lucas Bernard
ONE MORTGAGE (MA) - Need Help!
I'm looking to purchase a multi family house hack soon, and I've heard all about this One Mortgage that's subsidized by Massachusetts through MHP. Long story short, I've gotten lots of different information from lende...
Eric W.
VA loan assumption deal?
Has anyone ever done a VA loan assumption deal, particularly as the seller? Can you describe the experience and if it was smooth, a hassle or extra stress rather than just an outright sale