The one thing about wholesaling properties that I am skeptical about is the ability to successfully do double escrows in this market place. I'm curious to know if any of you are actively doing them. If so please giv...
Before I even begin my introduction, I would just like to express my appreciation for the BiggerPockets community. I have been a voracious lurker since October, and the enlightenment I have received thus far has been...
Hi everyone,
Do small banks/portfolio lenders have the same underwriting requirements regarding rental income as fannie/freddie? ie. 2 year schedule E rental income on tax returns.
I have $1550/mo (with rental agre...
Can you evict tenants amidst this cares act? I read where you could not evict on tenants, if it was section 8, HUD, or some other federally backed loan! Can you evict if property is owned privately, or if loan is co...
Looking for a 3-4 unit multi-family in greater boston area. How much % of downpayment do I need, 5% or 15-20% for a conventional, owner-occupied loan? I already had a FHA loan so looking to find another low downpaymen...
Why would a seller prefer Conventional over FHA...with FHA can you waive contingency in hopes to secure a deal
What's up, everyone?
I just closed on a single family investment property two weeks ago. Closing was in the name of an LLC. The loan is conventional Freddie/Fannie. I would like to do a cash out refi in several years...
Hi guys, sorry if its a stupid question:Do conventional lenders stop financing if a person has 10 financed properties or 10 properties (not necessarily they are paid off or not paid off)?In other words, lets say hypot...
Do I need to use a commercial mortgage/note to buy a replacement property on a 1031 exchange?I sold a property, used a 1031 qualified intermediary to hold the funds, and now I want to buy the replacement property. I ...
Hi y'all, I purchased my first property last year and am up roughly 100K on it. I'm looking to pull equity from that and to buy a second home to rent out as an investment property. I'm a college student and want to bu...