Common Misconceptions With Conventional Investor Financing.
Thursday, January 12
Common Misconceptions with Conventional Investor Financing .......... in the real estate world ...... And the Truths! Misconception; Small banks and local lenders are always the best route to go. Truth; This isn't always the case. Many times these are portfolio lenders and they work well when a ...
The BRRR / BRRRR Strategy: Buy Rent Rehab Refinance
Thursday, January 12
THINKING OF USING THE BRRR METHOD? This method of financing works best when you find an undervalued or wholesale property that you can force appreciation by renovating or updating. This method isn't best used on property that you purchase at retail value. You are better off using conventional pur...
Cashing Out With Conventional Financing At A Faster Rate!
Thursday, January 12
Want to move faster with your cash-out refinance on an investment property with conventional financing? The typical waiting period for a cash-out is 6 months. You could do sooner with delayed financing if you paid cash - with the restriction of pulling out a max of the purchase price plus closi...
Freddie Mac's Choice Renovation Loan
Tuesday, October 01
Product Overview Picture the Possibilities with a Renovation Loan With a renovation loan, you can remodel the house you’re already in or transform a fixer-upper you’ve been eyeing. Our process is simple: you can roll the costs of repairs or upgrades into your mortgage, giving you one loan with on...
VA Cash Out Financing
Monday, July 08
VA Cash Out Refinancing:VA Cash out financing is available on 1 -4 unit properties at 100% LTV when using a fixed rate. * 6 Full Monthly payments must have been made to be eligible to cashout (typically about 7 months after closing on the property as the first payment is not made immediately)* Ca...
Guide To The VA Renovation Loan
Monday, July 08
VA Renovation Loan Is available on SFR, PUDs and VA approved Condo's. You can make repairs or improvements up to 35% of the "As Completed" value of the property. The improvements must be permanently affixed to the property, and add value. 180 day limit to completing the repairs. 10% Contingency r...