Luke Carl
Buy an Airbnb for only 10% Down
Truth be told I stumbled upon this because i'm about to get an appraisal to drop the MI on a second home I purchased a few years ago that I have been Airbnb-ing since day one.
While it used to be unspoken, The Fanni...
Nathan Kawalerski
Borrowing Money for Down Payment
Hello, how would you go about structuring borrowing money from a family member for a down payment? Interest, length of time etc.
Alex Fredette
Lender will offer FHA 3.5% down on SFR but not multi?
Hello,I recently met with a mortgage lender who prequalified me for a $250,000 FHA with 3.5 % down for an SFR. If I were to try and purchase a multi however they told me that they would want 20 % down. I would be livi...
Thomas Watson
Deed in lieu
If I own a 1st position note on a house that is vacant and the borrower is on board to do a deed in lieu, do I have to still do a foreclosure to get rid of any junior liens? Does it ever make sense to do both a deed ...
Gary Price
Stuck trying to get equity out of primary residence
Hi,I currently own my primary residence free and clear. It is worth about $1.6M and located in Southern California. I have been flipping houses for about 4 years but want to remain in this property longer and start a ...
Nick Tiscareno
Question about a Purchase and Sale Contract
Was up bp,Found a house for sale by owner off Craigslist, that I'm about to put under contract. "EXISTING MORTGAGE (S): Existing financing on subject property will be current in all payments of principal, interest, ...
Purnell C.
Solo 401k and personal funds - Arms length question
I'm interested in lending both solo401K funds as well as personal funds to the same borrower. He's a flipper. He wants to record one deed for his personal residence as opposed to recording a different deed each time ...
Dan Handford
BEWARE AirBNB / Short Term Rental Warning for Apartment Owners
No More AirBNB / Short-Term Rentals on Apartments with Agency LendersAt almost every conference that I have attended this year, I am seeing so many 3rd party AirBNB/short term rental companies trying to get apartment ...
Patrick Hancock
Clarification Greatly Appreciated
New to BP Forums but have been listening to the Podcast religiously for about a year now. Have a question regarding my next purchase. Would like to borrow down payment from a friend or family member and take out a con...
Chris Umbach
Co-borrowing on duplex when only one borrower lives in unit
Does anyone have experience with co-borrowing on a duplex, with one borrower who will occupy one unit as a principal/primary residence and renting out the second unit to third parties? I understand the loan generally...