Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Thanks in advance. 

Hi All, and thank you for your help in advance.

I plan to apply for an FHA loan for my first investment if I were to find a deal, but if I can't something that works for buy and hold.

You would need to let them know you are 2nd lender and want to pay the loan off.

He was freaking out because they rejected his crypto downpayment and he could not close.When dealing with banks and the government, best to convert to cash 60 days in advance.

I assume you’ve got a loan that says you will be living there.

He is very good about deductions on tax returns so his income looks negligible and of course banks wont talk to him about loans.

Stop reading if you want.2) I couldn’t guess what “There is a 6 months of grace period before interest payment begins” means.3) They call their $3555 charge a “Loan Fee,” stated a few lines up as 2%. 2% of $235,000 (loan amount) is $4470.4) Do you seriously believe the loan fee, “… IS 100% REFUNDABLE IF THERE IS ANY DEFAULT FROM THEPART OF THE LENDER OR IF THE BORROWER CHOOSES TO TERMINATE THE LOAN.”5) It’s okay to pay an appraiser directly.

I’d love to hear your thoughts, experiences, or advice on this approach.Thank you in advance for your insights!