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3 December 2024 | 14 replies
Just to clarify after reading what I originally posted, I would be getting a building loan from a bank that is convertible at the end of the build, not financing it cash from my pocket.
28 November 2024 | 5 replies
If FNMA, FNMA allows transfer of deed to LLC if mortgage originated after June 1, 2016 and original borrower owns a majority interest in the LLC and any 12 months of owner-occupancy is first met:https://servicing-guide.fanniemae.com/THE-SERVICING-GUIDE/Part-D-Providing-Solutions-to-a-Borrower/Subpart-D1-Assisting-the-Borrower-with-Property-Related/Chapter-D1-4-Transfers-of-Ownership/Section-D1-4-1-Information-Relating-to-Transfers-of-Owner/D1-4-1-02-Allowable-Exemptions-Due-to-the-Type-of-Transfer/1041300841/D1-4-1-02-Allowable-Exemptions-Due-to-the-Type-of-Transfer-09-09-2020.htm
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20 November 2024 | 13 replies
Minimum $250K loan amount to $2M. 25% down with 720 and above middle mortgage FICO score up to $1.5M. investors need to have experience.
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22 November 2024 | 7 replies
U can have zero experience and just need a few bucks and a good credit score and you can buy a home to live in or a rental.. but not development deals.. different ball game
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18 November 2024 | 16 replies
My firm has a fix to rent product that discounts the interest on the fix portion, and discounts origination on the DSCR portion.
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25 November 2024 | 5 replies
I have to scroll down to find the original post, so I’m reading the responses before the actual post.
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23 November 2024 | 15 replies
They screen animals and give a FIDO score based on several risk factors.
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1 December 2024 | 377 replies
Originally posted by @David Keys:How many properties would you have without a partner?
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19 November 2024 | 6 replies
How hard is it for a person with high credit score but no income, retired to get a loan?
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19 November 2024 | 8 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.