Hello Everyone,A friend of mine has a service company with 5 - 6 large vans and expanding. Needs a property with the following characteristics: a lot that needs to be fenced for security, office space for 2 to 3 peopl...
Hello BP, I’m a newbie to BP community but wanted to have some input from those more experienced than myself. I am looking at a deal where mortgage would be $2600-$2800 and rental income could be about $4100. The thin...
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How much down do you have to put on a 4 plex? What about a single family? Do you have to pay pmi on a rental property?
BP,Here are the facts:3BR 1BATH - 1500 SQFTBank foreclosureAsking Price 39,900ARV - 140,000-160,000 based on the compsI am fairly certain I can get this property for around $20,000. There is significant mold in one c...
Can you have the seller pay for any of the closing costs or gift part of the down payment on a multi-family commercial loan?
alright BP community I'm currently trying to figure out how much I should estimate for the holding and transaction costs for wholesale deals? What do y'all usually estimate for this figure. I was reading the wholesale...
Hello everyone,
Has anyone done an 80-10-10 recently? I understand Fannie and Freddie wont allow a piggy back loan and since the minimum down payment on a 3-4 family conventional is 20% that severely limits my optio...
Hello all,I am trying to figure out a way to get this deal done and what my best options are for financing with $0 down, sub-par credit, and being a first-year independent contractor. I realize I have a lot working ag...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lodi.
Purchase price: $360,000
Cash invested: $30,000
Duplex BRRRR that went exactly to plan. 20% down + closing costs + $...