David New
First SFH Rental Property Financing Question
Hello all,
I have a question regarding my first potential rental property and it cash flowing properly.
I don't have any hard numbers on a property yet to analyze as we are just now getting to that phase of our res...
Jason Robinett
Tri-Cities WA MultiFamily - Financing Recommendations
Good Morning Bigger PocketsI am shopping banks / CUs / Brokers at the moment. Here are deal details and what we are looking for:Price: $2.6 MillionDown: 20%Loan Amount: $2,080,000Credit: PrimeNOI: $185kUnits: 31 apts/...
Joseph Rushing
Bank wont finance using a mortgage.
How are most off you able to get a 30 year mortgage for your investment properties? Once they find out that this is not a home i will be living in, that is off the table and my only options are 15-20 year ARM.
Account Closed
Financing first live in investment property
Im going to be really honest in hopes someone could give me some valuable advice on possible financing situations. Does anyone have experience getting a loan with poor credit (low 600's) and not 2 years of work experi...
Nick Scapellati
Insuring a home for conventional financing.
Hey BP peeps. My wife and I are in the process of buying a fixer upper with conventional financing. The only hiccup we are having securing insurance to satisfy the lender. I am reaching out to see if there are part...
Victor Triana
Finding financing for househacking a multifanily
Hello Everyone, I’m looking to buying my first property Trying to buy a multifamily Ideally a Triplex or Quadplex I’ll be house hacking it, and hopefully using a VA Loan So the real question is which lender is the bes...
Alexander Wodlarski
Financing a SFH and a MFH
Hi All,
First time posting. I'm looking to purchase a SFH and a MFH at the same time or within weeks of each other.
currently we own a SF rental with about 45k in equity, and making us $400 a month. Escrow at 1001/m...
Paul Higbie
Will Seller Financing Become More Prevalent?
The shut down of the economy has caused many lenders and loan programs to stop or sit idle on the sidelines. Will the cause an increase in seller financing for investment properties or do you believe that once the ec...
Adam Smith
Financing a major renovation in Dallas
All-This is a long one; thank you in advance for reading :) Not an investor (came here because I realize and value the experience of professionals). Our current home is under contract; hoping to net out $300k cash af...
Geri Filipov
Rental loan financed at 75% LTV.
Investment Info:
Large multi-family (5+ units) other investment in Chicago.
Purchase price: $1,200,000
Rental loan on a12-unit building financed at 75% LTV.