Jack Zuchars
Buy with cash then take out conventional mortgage
It has been probably discussed before but I can't seem to find a good thread.
Since sellers like cash, I'm thinking of pooling my own and my friends' reserves and make cash offer. If accepted (and after closing), ca...
Dillon Marshall
8 unit rental. Help analyzing
14 bed 10 bathI feel the # works any one want to do quick look$575,000 asking$7600 Montthly income$18500 Taxes$10,600 expensesCap rate 10.8%$62,340 Noi Do my morgage payments look like I figured them right?$100,00...
Chad Szakacs
Private Lender Advice
Im looking for some help, I have an investment property that I rent out as a vacation home. I purchased the home in 2016 on land contract filing all the necessary paperwork thru a title company and putting down 20%. I...
Mauricio Marroquin
FHA Streamline to Compelety Remove MI
Current FHA loan is one year old with on time payments in the high 600 FICO scores. The recent sales indicate that he may have built 20% equity. If he does an 80% LTV Steamline with appraisal will that completely rem...
Satha Palani
Fannie Mae - owner occupier rules
Hi,Last summer i purchased a duplex from Fannie Mae during the owner occupier period. I fixed the place up and moved in June. The other unit i rented out. I checked the owner occupier addendum and it says that i agre...
James Corr
What are the rules for using other's money in a down payment?
Hey BP, I live in a HCOL area but a fantastic appreciation market -- San Diego, CA. My wife and I both have W2s earning above six figures, between $100-150K to invest in real estate, good to great credit, and a long t...
Bruce Bailey
STR private money loan
Hello BP fam, I have found a STR deal in the Upper Peninsula of Michigan. The owner was my neighbor growing up so he’s giving me a good deal on it. It’s not finished so pulling a regular loan could be difficult, plus ...
Nithin George
Question about turning primary residence to investment property
Hi All,I am new to BiggerPockets and a newbie looking to investing into real estate. So here is my situation, I bought my primary residence house in the beginning of 2021. It's almost 2600 sq foot and I am currently s...
Damon K Verellen
Advice on future financing/credit
First post for me on BP!I'm brand new to real estate investing and am working on putting a plan together to get started. I own my current home (paid cash for the land and built myself), however, it's not 100% finished...
Brandon Holtzinger
1031 exchange question
Is there anybody in the DFW, Texas area that has done a 1031 exchange. I am about to sell my only rental property, but I am going to buy another one. I owe about $60,000 and I am selling for $90,000. I would hate to g...