Doug Vigliano
Should I sell w/ a Wraparound Mortgage?
Hello BP Community, I wanted to get some quick advice to make the most of my primary residence home sale next summer. We are moving to Austin, TX and need to sell our house here in Orlando, FL. Here are the basics, ...
Jerald Sander
Residential mortgage qualification?
Rookie question: Traditional lenders say they'll only make a commercial loan for a SFR property because it isn't my primary residence. They'll do 20 year amortization with a 3 to 5 year payoff or at least a rate res...
Yan W.
the maximum amount I can borrow from bank
Dear wise members,I'd like to buy a 2nd property in the city and will rent out the 1st suburb one if needed. Will the new mortgage depend on the 1st one already having stable rental income for certain amount of time? ...
Joshua Johnson
Our First Home
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $280,000
Cash invested: $16,000
Bought this home in 2020 right as Covid was ramping up. Got locked in at 3.25% for ...
Courtney Mccrear
Trying to multifamily househack in HTX
Investing into Real Estate the last 2 years has been the BEST rollercoaster ever. A literal rollercoaster, but after 2 years I can say Real Estate has allowed me to achieve paying off 80k in consumer debt/ credit card...
Vicki Vandenbosch
Short term rental Insurance
Hi all! If you'd be willing to share, can you tell me who you utilize for short term rental insurance? Thanks!
J Brown
Financing options for buyers without social security numbers
Hi all,Looking for some advice on a seller financing proposal.I recently rehabbed a home in Houston, TX and have received a couple of seller financing offers above the ARV/ list price. Seller financing and ITIN lendin...
Bob Chuckman
Investor- focused mortgage brokers?
One question I have right off the bat seems important to ask as we are shopping around for our first mortgage: Should we find someone who understands our plan to acquire multiple properties, right from the start? Can ...
Caleb Heimsoth
FHA loan and then investment property too much debt?
Hello,
I recently thought about this jdea. If for my first home I use a FHA loan and put down 3.5 percent or even slightly more and then turned around and bought an investment property a couple months later, would t...
Dan M.
Paying off primary home to increase cash flow?
Dear community,So I have a really weird idea definitely not the normal "strategy" and Id like to hear the pros/ cons from everyone regarding this. I'm selling, yes selling! not cash out refinancing and maximizing my l...