I understand that it starts getting difficult after 4 conventional mortgages, and you’re capped at 10. Stupid question - does this include/apply to refinancing as well?
I keep hearing of homes that cannot be financed through traditional means due to condition deficiencies like broken windows, non-functioning kitchen, no running water, etc. These are examples but is there an actual li...
Looking to get my feet wet with a possible Duplex i've found. Each unit is a 3/2 with rentometer quoting roughly $800 per unit(not sure how accurate that is). It is an REO listed for $84,900, stated to be newly renova...
I am thinking of buying a condominium which I will owner-occupy, at least initially. In general what should I think of as the minimum downpayment and can I contact any lender to get it, eg should I just look for h...
Hi friends,
I have a quick question for the portfolio builders. I'm in the market for a new house to occupy, already owning and renting one out of state. The mortgage companies balk at the idea of my rental because I...
Hi. I have a Condo in Denver with equity. The mortgage is with Wells Fargo (Freddie Mac mortgage). I have been paying down the mortgage and now wish to use the equity in the condo to purchase a house in Florida. I hav...
I listened to Podcast #183 with Sarah Pritchett where she was investing in condos and a question came to mind. Do banks lend to investors for condo purchases as a rental? I live in an area where there are a lot of c...
Hi Everyone.Im new to BiggerPockets and this is my first question. Im looking to buy a 4plex in San Antonio, TX and move into one of the units. Is there any way that I can get bank financing without an FHA loan or wit...
I currently am closing on my second property. My wife and I plan to live in for 2 years and then rent out but I want to start planning for the next property. I have been reading plenty of the forums but am looking for...
Hi BP! I need your help. I have a house under contract and my DD period ends Friday. My private lender is paying cash for the property and renovations... and I would like to refi into a 30-year fixed mortgage and make...