Hello All,I am expecting to close on my first rental property in 2 weeks and I am extremely excited but i do have a question for you all that are more experienced with buying rentals. I am currently buying my rental t...
I am looking to obtain a traditional loan for a MFH. I will hit the pavement and stop into a few banks over the next few days.My question is, why are the loan rates not advertised on banks websites for businesses (or ...
Hi, I am looking to invest in my first buy and hold rental and I am not sure if I should take the traditional or brrrr approach. I certainly see the benefits to the brrrr approach but with no experience I sometimes be...
I’m starting to understand why BRRRR is so valuable however I am confused on why you can’t borrow against you investment the same way in a “traditional” investment as you would the BRRRR method. For example: traditona...
FHA / CNV requirements??? I have a 1 bedroom apt in the back of the property that i was planning on setting up as an Airbnb. It has a very small kitchen - not enough room for a range so I bought an island and was plan...
Hello. I am in the process of trying to purchase my first home through a traditional loan. It is a duplex. I am scheduled to view the home today after work. I will be meeting my contractor at the home as well. My...
Hi BiggerPockets!I'm a new hire at property management company and I was wondering what people thought of our model. We offer full service short term property management, through rental sites like Airbnb. The service ...
I recently started calling banks to explore all of my options when financing a rental property. When talking to a loan officer at a local bank and explaining what I would be doing with the property and she said that I...
Is the minimum down payment of 20% for 1st time traditional financing on investment property?
I have been in the process of purchasing my first long term buy and hold rental. I've spent the last month or two talking with a certain lender that I saw long term relationship with. After a lot of back and forth, he...