William Dem
Advice on Loan
Hello,
I own a 2 unit investment property that needs repairs (roughly $14k) before I can try to rent it out. The house is free and clear of any mortgages, liens or anything else ( I owe nothing on the house).
I appl...
Jason Garder
Newbie Needing Help on Quadplex Financing in OKC
This is my first post here on BP, although I've been reading on here for the last couple months or so.I am in the process of trying to find financing for a Quadplex deal in Oklahoma City and I am having some issues fi...
Ishmeal Ivory
Getting Financing for a Second House Hack
Hi Everybody,I’m a new investor who purchased his first single family home in June 2021. I purchased it with my twin brother and we are looking to get another home in the next 6-12 months in the Sacramento market. We ...
Dan O'Neill
Bank Frustrations: Loan Mod; Prepayment Penalty; Refusal of ELOC
Good Morning Everyone. I'm more than a bit frustrated with my current lender. Five years ago, I purchased a 16 Unit apartment complex for 472k put about 150k into it. Raised the rents from $500 to $800. Reduced va...
Kamil Maras
Bank called my Due on Sale Clause
Hi, I have been researching creative investing methods for a while now. Through all of the posts and articles many claim that that banks do not call the loan due if the payments are made and the loan is performing. ...
Tyler Wetherbee
Creative Loan for Rental Property
Newbie question.So I have a family friend who is selling off about 5 of his rentals. I am going to get an FHA loan for my primary residence. But, I want to take this opportunity to buy at least 2 more. My question is,...
Mark B.
FHA and a car loan
Good morning all!I'm looking to get started in the next few months with purchasing my first property. Chances are, I'll be using an FHA loan to get myself into a 3/4 plex (house hack). I'm also looking to get rid of m...
Tre DeBraga
FHA 203K Loan
whats up BP community. Does anyone have any experience with using an FHA 203k Loan on a multi and turning it into a house hack in Massachusetts? I have been very interested in house hacking for some time but it is har...
Graham F.
Large Loan on an Owner-Occupied Property
I'm looking at a 4-plex that costs ~$900k. I want to move into one of the units and rent out the others. I'd also like to only put $100k down, which is about 11%. It would be great to get a conventional loan with low ...
Ivan Poon
Refinance help!
Hi Guys,
I am refinancing a 30 year loan 4.75% fixed interest which was opened just a few months ago. The loan amount was $251,000. The first payment started in August 1st.
I'm refinancing to a 4.375% loan that is...