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23 January 2025 | 3 replies
Speak with lenders - and consider that although they might agree they could lend to you today - they might not be able to when you need the loan.Unless the existing debt has no due-on-sale provision, there will always be a risk of the underlying loan being called.If it were to be called due:1.
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19 January 2025 | 8 replies
Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes.
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21 January 2025 | 0 replies
My question is: How do I properly take the interest that my LLC has put into the new LLC and give it to my person for the purposes of getting a loan from the bank through a refinance.
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6 January 2025 | 5 replies
I was just thinking today there was all this excitement about VA loan assumptions there for a while when interest rates started going up.
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17 February 2025 | 12 replies
Looks like there will be some grants and loans to assist SFR and duplex owners only in the form of a lein on your property.
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27 January 2025 | 11 replies
Texas does have specific rules regarding home equity loans and cash-out refinancing (often referred to as "Texas Equity Section 50(a)(6)"), but these don’t prohibit homeowners from using funds for investment properties.
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22 January 2025 | 2 replies
What they will offer you is an appliance package, or closing cost help, or a low fixed rate loan.
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22 January 2025 | 2 replies
Purchase price: $302,500 Cash invested: $5,000 Utilized VA Loan for a House Hack for my first Rental Property.
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28 January 2025 | 6 replies
The modeling of this is actually pretty easy (see link: 42-unit proforma sample), but my model treats the pre-refi loan as I/O, but that can be updated based on your deal.
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20 January 2025 | 5 replies
Give me a shout if you have questions, but here's the short of it.Best financing is going to be from a bank or a conventional construction loan.