Dominick Preyer
5% laws/rules for investing into multifamily homes
Can someone please shed light into the new law that past in November of 2023 around investment opportunities in multifamily units (1-4 units, not commercial) that say you'd be able to put down 5% instead of the past 1...
Nicole Bryan
Mortgage Broker Fee in Maryland - What's Legal?
Hi everyone!I have an agreement with a broker in Maryland to pay them 2% for a deal that I just closed. I however learned later that he had charged the lender 1.5%. I read somewhere that mortgage brokers cannot legall...
Alan Asriants
What the numbers on a Househack actually look like in today's market - PHILA
Here are the real numbers on a Househack we are working on for our clientThis is a beautiful turnkey duplex in the NE phila area (B+/A- Class). Truly nothing like it. It is an off market deal, and is fully renovated i...
Alexandria Gardner
Portland House sold two years later in the recession
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $255,000
Cash invested: $90,000
Sale price: $279,000
Put in a second bathroom in 1920 3 bed/1 bath home. Rerout...
Joshua Tessier
8 Unit Multi Family in downtown Manchester.
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $500,000
Cash invested: $100,000
8 Unit Property consisting of four Studios, three 1 bedroom's and one 2 Bedr...
Account Closed
Mixed use building sale - Financing - underwriting - SBA
Hi everyone,
I'm pursuing a deal on a mixed-use building in a prime location. Purchase price is 1 million. Seller purchased 3 years ago for $825,000. The first floor is a commercial space housing a pizza shop that ...
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IRS Tax Redemption after Mortgage Foreclosure Pennsylvania
Does anyone know 120 days Tax Redemption right still applies to state of Pennsylvania, city of Philadelphia to be exact?
Sheriff's Department claims to convey the clean title but I have this property that I purchased ...
Rafael Espinoza
When doing BRRRR, can the refinance be into a primary residency?
Hey everyone, I want your input on the following scenario. If I were to BRRRR a quadplex, when it comes to refinancing, would I be able to structure the loan as my primary residence (house hack it). I’m thinking about...
Will Bert
Need some advice
Hi BP ...Don't know how to put this but I'm in need of some opinions...I have an abandoned property that needs about100k-200k gut renovation. I have some savings and the rest I was going to do a 203k loan if I needed ...
Ty MacArthur
VA Home Loan Los Angeles
Hey BP,I live in LA, I own 1 4-plex now using conventional financing. I'm hoping to utilize my VA Loan to purchase another 4-plex owner occupied. I was told by my mortgage broker that when he was talking to the VA und...