Joe M.
BP Experts-Help me figure out pros/cons of getting from 1 to 2
Hey Experts. Im looking for opinions on how to view a friend's position, pros/cons and ways to think of their next step. Due to his first rental being his old primary, there is quite a bit of equity in it. It would...
Paul Tanso
How to structure a deal between partners and investors?
I have a question that may or may not have a one size fits all answer, but here goes. My partners and I are looking at a deal that will require us to round up investors. We are planning to target family and friends. W...
Nestor Soto
Hard money
Hello. I'm Nestor from MD. I recently got pre-approved for a mortgage by a hard cash lending bank and even with an excellent credit, since it's my first flipping deal, I only got 50k pre-approved. Anybody has any advi...
Tom Camarda
Which route to go for refi?
Greetings all,I have recently purchased (and am in the process of rehabbing) 2 properties for buy and hold out of my home state. One is a 2/1 and the other a duplex (also 2/1's) Both were purchased with cash at 75-80%...
Miho Y.
DTI ratio 70%! Can I still get conventional cash out refi?
Dear lenders, I put too much down payment on my multi unit as a buy-and-hold. I am receiving cash flow from this and needless to count on depreciation I am totally capable of cash out refi. However, according to my le...
Charles Granja
No property tax / Assumable debt for multi-family. How would you qualify/structure?
Hello Biggerpockets,I would like to hear your perspectives on this.I do not pay property tax in Chicago and I found that I can purchase a triplex/quadplex in Chicago or the suburbs for up to 800k. After this write-off...
Doug Lovett
Loan for two rental houses
I am working on securing financing for two rental properties that my mom owns. I'm having trouble getting a loan on both of them due to seasoning issues.
One is in Jacksonville Florida and was purchased about three ...
Wendy Wood
On having multiple mortgages
Hi everyone! I'm a brand spankin' newbie at all of this. I'm still in the learning-all-I-can phase, really. Something I've observed in listening to the podcast and reading all the articles is how investors are getting...
Blake Furtick
Lending for investors with multiple mortgages
Hey guys,Hope everyone is doing well! I just had a few questions for you all. My wife and I have been investing in real estate for the past 5 years. We have 3 SFH and a primary residence. We currently have a total of ...
Roger West
Own 4 properties. Looking for financing to buy more.
Hello,
I am looking to buy single family homes to rent out in NJ. Also looking to buy flips, either using cash at auction, or through agents/banks using financing. If I keep the flip and rent out instead, will need l...