Asrar Rashid
Use equity from Denver for a house in Florida LLC
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...
Robert Guilfoyle
Banks Lend on Condo Rental Purchase?
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...
Ian Mundt
Question About My New 4Plex
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...
Dave Madoch
Buy and hold rentals
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...
Melissa Searing
Need a Charleston Lender to Refi on ARV w/o 180 Day Seasoning!
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...
Chris Bork
Starting out with hard money
Hi Everybody! So I have been reading a lot on real estate investing tying to figure out a strategy that would work best for my family and I. I am thinking the BRRRR method for buy and hold properties outlined by @Br...
Aaron Smith
Question about Delayed Financing (<6 months since Purchase)
Hi, I am looking to get my 10th loan, my last loan I can get with conventional financing, on a single family property that I bought 4 weeks ago. I paid $97,000 and have put about $5,000 into updates and already have ...
Andrew Merritt
Current Mortgage Rates?
What kind of conventional mortgage rates are you guys getting right now? I'm working on getting my first investment property and have been pre-approved with Quicken (I have my primary residence mortgage with them) an...
Rajesh M.
Buy all cash in LLC name, but carry a note
This is for CA.
Am in the process of buying a 4-plex all cash. Conventional loan was approved but some repairs
need to be made, which the REO bank does not want to do.
My goal is to be able to buy it all cash right n...
Ross Carpenter
Denver 4-Plex Financing Options
I haven't looked into 4-Plex financing structures in a while and wanted to see if my assumptions are reasonable for a property we are underwriting.Does 25% down at 6% on a 30 yr amortization schedule work for a simple...