what feedback would you give on 203K or Fannie Mae Homestyle? I’m a believer in using other people’s mistakes to learn from, along with mine. 😉I’m quite certain that I will be approaching a lender in the next few mont...
I decided to create this post because I understand that it seems like so many new investors make the mistake of rushing to find a tenant for their property without taking the time out to do background check. It is so...
I recently applied for a 30 yr conventional cash-out refinance on one of my rental properties that I own free and clear and was denied the loan. The reason is I would have exceeded the bank's 4 investor loan maximum ...
How many Fannie Mae backed loans can you have? I got a call last week from a local bank who holds some of my mortgages and they said they could now do up to 20 Fannie Mae backed loans on fixed notes. The only restri...
Hi Everyone, I'm Steve and I'm new to BP, but have been investing in multi-family for 24 years. I'm looking for other seasoned multi-family investors to brainstorm on how they generate additional income streams. As e...
I am interested in purchasing a mobile home and then selling it and providing owner financing. How do you investors prepare your loan documents? Do you have an attorney or loan officer prepare them? Typically, how ...
Correct me if I'm wrong, but isn't the eviction moratorium extension recently signed by the president (hopefully with corresponding CARES refund) only for federally-backed rentals? In other words, those of us whose r...
I am new to the world of Investing in Real Estate. Would like to know ways to enter the Real Estate World NOT using ANY of my money, or a very minimal amount for LARGE PROFIT REASONS. Any ideas?
Hello all,I’m coming to write this to seek advice as to where to go from here. It’s a bit of a saga:We bought a property in Sevierville, TN for roughly $500k through a construction loan. We put about $350k (100k in pr...
Hi Everyone,I’m looking to do my first flip with a hard money lender. I have the capital and sound real estate knowledge. Being a landlord for 3 years and doing all the work myself, reading book after book and listeni...