All Forum Posts by: Joseph Chiofalo

Hi AJ, 

Its so important for realtors to work with an experienced lender partner. 

We see it all the time when saving deals at the last minute.  In these instances, usually the transaction isnt structured properly from the start. 

Lenders that have flexibility to originate in multiple states and have a wide range of programs available provide more value. 

Hi AJ, 

Our team as of recent has worked with investors that have purchased cash and then refied to pull the equity out after closing.  

The purchase transaction would have to be bought fully cash in order to use new appraised value without having to wait with a seasoning period. 

Hi Shivani, 

How are things progressing with your search process for a new home? 

There are some flexible financing programs available for first time homebuyers. 

Hi John, 

How is your credit history? 

Have you had the property appraised yet? 

Hi August, 

I see a few ways you go go about structuring the financing. 

How is your credit history?

Hi Don, 

Welcome to the community- 

There are a lot of good professionals and resources here on bigger pockets to learn and grow. 

Our group works with many investors in South Carolina.  The location and high rent demands keep investor buyers interested in the market. 

Best of luck on your journey!

Hi Kyle, 

Welcome to the community- 

There are a lot of good professionals and resources here on bigger pockets to learn and grow. 

Many lenders offer up to 85% on investor financing for a 1-4 unit purchase transaction. 

Hi Rabia, 

Do you currently own any real estate?

What price point would you be targeting for this purchase?

Hi John, 

Many lenders offer heloc products to help applicants access equity. 

Would you be looking for a heloc on a primary home or an investment property? 

How much of a line of credit do you need? 

Hi Kassie, 

Welcome to the bigger pockets community-  

There are a lot of good professionals and resources here to learn. 

If you plan on using VA eligibility to purchase a home then you would have to buy it as a primary residence.

VA financing is not available on second homes or investment properties.

Do you have a home in mind?