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17 July 2024 | 5 replies
There are investment property DSCR mortgages for foreign nationals.
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17 July 2024 | 10 replies
Assuming you're looking for a fixed rate permanent loan on a stabilized property, I recommend regional & national banks.
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16 July 2024 | 8 replies
We've reached out to several national lenders, but since our property is zoned agricultural it was a non-starter.
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16 July 2024 | 0 replies
When not 'full income' verification, which can even allow for high 55%+ DTI there are alternative income verification guidelines like bank statement, P&L, DSCR, Foreign National, Asset depletion, bridge and portfolio programs that allow expanded ways for borrowers to qualify.
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16 July 2024 | 8 replies
For me personally I like mid-sized/regional bank as you are not just a number like with a national bank, but they still have some of the bells and whistles like good online tools that small banks lack.
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16 July 2024 | 17 replies
Columbus is also home of The Ohio State University, one of the largest universities in the nation, which currently building a $1.79 billion inpatient hospital expansion.
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15 July 2024 | 23 replies
I myself chose the suburbs of Youngstown Ohio to get started in, statistically one of the least desirable metros in the nation.
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12 July 2024 | 0 replies
and have been having difficulties passing the national portion does anyone know if the national portion ask some questions that are state specific?
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15 July 2024 | 5 replies
Also i would highly suggest you don't only shop the small banks shop the national ones as well.
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15 July 2024 | 1 reply
Total profits last year—subtracting property taxes, management fees, insurance, and repairs—were approximately $12k (which was then divided into shares for us and relatives).The city is Grants Pass, Oregon, population 40k, with median household income around $50k (50% lower than the national average).