I have the impression that portfolio lenders give loans based on the performance of the properties. While I was speaking with my personal bank, they said they could offer better rates in the form of a traditional mort...

I own a mixed use property in Hermann MO with only 5k left on mortgage.  All 5 units currently rented:  LT renters $850/mth, Retail Shop space $850/mth, and 3 STRs averaging 6k per month.  Last appraisal was Jan '17 a...

Hi All, 
Im looking to owner occupy a duplex property and keep as much cash in my pocket as possible. 
I have spoken to a few bank and brokers who have told me its 3.5% for FHA or 15% for conventional. 
Are there a...

Hey guys,I'm shopping around for mortgage rates for my first property and I was just wondering if there is any kind of unspoken rule or assumption about this process. Do any national banks have lending standards that ...

Hello -- We're interested in multi-family (commercial).  Is there any mortgage broker you could recommend for a MF newbie?Looking for investment opportunities, somewhere between 1.0 - 2.9M.Thank you.  

I have been working with a homeowner to avoid foreclosure.  I guess in this case he wouldn't be considered a seller.  A Notice of Default has been issued and the borrower is a few months behind in payments. He current...

I heard on a podcast (not BP) that you will not be able to cash-out refi on any non-owner occupied properties once you hit 5. I believe she said this was with conventional loans. I can't seem to find any bank guidelin...

I just went to the credit union I use to inquire about an FHA loan to acquire a multifamily. I was told that FHA loans can not be used on any property with more than two units. This is the first time I've heard this. ...

Hi everyone, I'm an aspiring investor and while I read and learn as much as I can on Biggerpockets, one thing I realized quickly was the drastic difference in each market. For example, 1% rule is highly unrealistic wh...

Good morning everyone! So we have our first multifamily under contract.  We have planned all along to use my wifes aunt for our insurance person.  We never mentioned that we were buying the property as an llc.  She in...