Aaron Murphy
Buying multiple homes without destroying credit score
I am planning to buy between 4 and 6 properties using conventional investment financing 20-25 percent down fannie mae confirming loans over the next 12-15 months.
I just completed a refinance as a prelude to that an...
Drew Johnson
Owner finance to refi
I want to purchase a 5-acre property with a residence. I am going to owner finance the first 2.2 acres with the residence for 3 years and 20% down, then I plan to obtain a conventional mortgage. If I want to obtain a ...
Josh Edelman
Buying a Forebearance Property?
A client of mine wants to sell his property. He recently lost his job and went into forbearance in April - so he hasn’t paid his mortgage since April. He recently refinanced his home for $550k and has a balance of $54...
Steven Gitter
Debt Service Ratio
Hello all. New to BiggerPockets. Currently, I own my primary residence and a rental condo. My question:My primary residence has a mortgage of $3400 and the value of my house is $850,000. Total expenses for the year...
Ruben Canales Jr
Should I refinance/cash out my primary residence to purchase a 4 plex?
Greetings!
I have a primary mortgage ($195k) and to be paid off in 8 yrs. I'm interested in refinancing/cash out $200k for a down payment for a four plex. The 4plex is selling for $999k and cash flows $3k. If I do...
Mara Cantonao
Where do you Access Interest Rates when Shopping?
Hi All,
Where do you normally get interest rates when shopping for houses for the weekend? Websites, social media? Thanks for your recommendations!
Brittany Fife
What to do after first rental purchase?
I just purchased my first duplex a few months ago. I also have a single family I am renting out. The single family has an equity line on it. The duplex is FHA owner occupied. I was wondering how to get a four-plex...
David Ounanian
What financing options are available for real estate investors?
Real estate investors have a variety of financing options available to them, depending on their financial situation, investment strategy, and the type of property they're interested in. Here are some common financing ...
Bola A.
Using HELOC to buy a new property
Hello BP,
I thought that I can use my HELOC for down payment. I am in the middle of getting a loan, I was told that I can not use my HELOC because it will be a borrowed money. Can someone explain if I missed somethin...
Heather Ballack
How to figure out what a seller owes on the property?
How do you figure out what a seller owes on a property? I usually look up the property on Zillow and find the pin number, then I go to the recorder of deeds website and look at the public records. Sometimes it is ve...