In the last 2 years, my husband and I have bought two 3-unit multifamily homes - both on FHA loans. We're living in a unit in one of them - the other two units are paying the mortgage and basic utilities. So we're n...
I do my fair share of phone calls and networking but every year I have manage to come across a deal so large my brain starts to fume. Few years ago it was a multi-state portfolio spread across 5 states. last year it ...
Good morning collective brain. New to BP and currently groking the books and podcasts. I want help with some perspective on how this partnership would best work please. Say I want to partner with someone to buy a mu...
Hi everyone,
I have a question regarding doing a deal with 2 partners. Here's the scenario. 3 partners, equal shares, buying an investment property. All 3 will be on title, but the loan will only be under one person...
I’m looking at expanding my investment property portfolio and am considering some options. By using real estate crowdfunding can I increase the borrowing capacity for a new project? For instance, let’s say based on m...
I am focusing on two of my properties in this question. In property #1, the house is worth 180K, I owe 125K. I have a 15 year fixed rate of 3.625%. In property #2, the house is worth 375K. I have two loans on it, ...
Considering a HELOC on primary residence for further real estate investment purposes...would this affect a conventional property loan application since it is "secured debt" or mostly just affect credit scores?Any help...
I bought a fixer upper as my first home and was able to build some good equity. I tried to get a home equity loan with the intention to make a down payment on an investment property with the funds.I was told I could n...
Hi Everyone, I am wondering if anyone knows of any good educational resources covering hard money lending, bridge loans, etc., - from a lender standpoint? I have searched through the BP forums, and attempted to find b...
I’ve been researching Fannie Mae smaller apartment loans. I haven’t been able to figure this out: if the debt is non-recourse, why then does the total net worth of the borrowers have to exceed the loan amount? Is ther...