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14 January 2025 | 3 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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11 February 2025 | 183 replies
I did find It should result in a 2.5 to 3.5 kw system, net cost around $5k after tax credit.
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15 January 2025 | 12 replies
There's a few different ways to focus on a lower rate such as with house hacking and making the investment your primary residence, requesting a significant closing credit from the sellers for standard rate buy-downs (which I've had great success with recently), or utilizing lenders who offer short term rate lowering solutions such as 2-1 rate buy downs (again, ideally paid for by the sellers).
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15 January 2025 | 18 replies
Instead, you could explore pulling equity out through a home equity line of credit (HELOC) or a cash-out refinance.
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8 January 2025 | 8 replies
A line of credit won’t commit you to a monthly payment unless you use the money, so you can avoid paying interest when it’s not in use.
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13 January 2025 | 12 replies
Private lenders tend to focus more on the value of the asset or project rather than your credit score or financial history.
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27 December 2024 | 13 replies
Is the credit over 780 for both #2 applicants, or is that an average?
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6 January 2025 | 5 replies
A cash out refi should take 2-3 weeks with most lenders, and you should have only an appraisal a credit report fee as upfront costs.
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6 January 2025 | 7 replies
-Max LTARV is typically 75% -Is a 12-24 Month Interest-only loan with a balloon payment - Minimum credit score is typically 600 -Interest on the Rehab is usually paid per the total drawn amount.
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9 January 2025 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?