Came across a great deal and the seller is offering seller financing. When I apply for my next mortgage, will this (seller financed) mortgage affect my debt to income?
PP: $300,000FMV: $350,000Property details: Year round 3-unit with 3 seasonal cabins in Old Orchard Beach, Maine. Old Orchard Beach is a heavy tourism town with several colleges near by. The property is one bloc...
Hello!
I am purchasing an investment property for my elderly parents to retire in. My lender is offering me a “Family Opportunity Mortgage” option- a special borrower eligibility occupancy rule in which Fannie Mae e...
What have you all done in the past about neighbors trees overhanging your property/house/shed etc?
I have this problem on a house I recently purchased - about to start rehabbing. Now the tree hung down on the back of...
Hi Everyone,I'm looking for some advice regarding if it's possible to buy a 2 family without a down payment or a lot of cash in the bank. We currently own a co-op that we rent out and are living in a 2 family where w...
Hello, I am posting to see if anyone has had experience with a lender that specializes in loans for Self Directed IRA's? I finally pulled the trigger and moved my Roth away from Wallstreet! As I analyze investment opt...
Hey BP! Looking for some insight for converting a SFH to Duplex. Looking at a property in Loganville, GA that we could purchase with an FHA loan, that has potential to be converted into a Duplex very easily based on t...
I am new to the real estate world and my current situation is as follows: I have 20k currently saved and am expecting to save another 8-10k by the beginning the end of May. I project that I will be able to save roughl...
Hello all! My name is Paul and I'm from Albuquerque, NM. I'm new to Real Estate Investing. I've been to some classes and I'm reading everything I can get my hands on. I look forward to learning even more here on B...
I am looking at 6-10 unit buildings in the Thompsonville section of Enfield and want to determine the cap rate for the area to help determine the value of these properties. I know it is a rough area which is why I wa...