Hey All! My partners and I currently have a 34 unit MHP under contract in Upstate NY. We just got a commitment letter yesterday from a local CU yesterday and the LTV came in at 75%. We're a bit bummed since we were re...
I've been looking at a couple of cheapo houses in the area around me. Most of the prices are under $50,000 and have had trouble finding a loan company that is even willing to fool with something so cheap. Is it a po...
How does Refinancing work with the BRRRR strategy, or any strategy using refinancing in its strategy? If 4 homes is the max that most lenders use for initial financing are there different rules that banks use when ref...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $175,000
Cash invested: $40,000
Single family residence, 3 bed, 2 bath, 1740sqft
What made you interested ...
Hey everyone,
I've made it a goal this year to purchase my first rental property. I've been researching for about a year now, and I know I'm not getting any younger. What are some of your stories on buying your first...
Hi, Is there any corelation between GRM and Cap rate when evaluating multi family home deals? Pl suggest. Thanks
The Feds recently settled a fair lending lawsuit against a seller 4inancier. This means that, once again, a attempt to use disparate impact evidence to establish that a lender engaged in a “pattern or practice” of ...
I am in the process of acquiring a property with a partner. We are paying cash but will turnaround and get a HELOC pretty quick on it. The mortgage will be in his name, therefore the property will need to be in his ...
Hello I'm new to bigger pockets and had a question. I have a house that I am renting to my sisters family. They are well off but are in a bind due to trying to sell their old house. they want to rent for a year and th...
Asset Ventures LLC and Tony Martinez advertise themselves as a note dealer and servicer company, established with the intention of facilitating the purchase and sale of Notes for Investors. Asset Ventures and Tony ...