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15 January 2025 | 6 replies
The good news is you don't need a specialty loan for a house hack, just a traditional primary home loan.
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14 January 2025 | 37 replies
If the loan was fully funded at closing and since then the loan is in an interest-only payment period, these numbers would equal.
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15 January 2025 | 4 replies
I answered a question yesterday by saying "DSCR loans are like belly buttons...everybody's got one."
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15 January 2025 | 18 replies
So you are talking about a loan of $200K.
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22 February 2025 | 29 replies
@Joel Oh- if you are using a loan to acquire the property - the lender requires insurance ....if you own the property free and clear - your choice but I would still recommend insurance
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2 January 2025 | 2 replies
Its a tiny loan for any institution.You'll have to get hard bids from a local GC, but maybe $110/ft?
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25 January 2025 | 17 replies
I imagine there is not much of a relationship with the turnkey service after the sale and I would deal with the PM and Loan company directly.
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21 January 2025 | 5 replies
We were trying to buy a loan that was in default and the current lender was emotionally attached and has it listed for over $2M when comps are $1.5M.
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19 January 2025 | 2 replies
., the appraisal for 5+ is at least $2k-$3k) and the financing structure by lenders because Fannie/Freddie don't generally buy loans for commercial properties.So, for you personally, the biggest driver for the type of your next property is probably going to be the amount of a down payment/equity you can put in the property.
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14 January 2025 | 6 replies
Consider a 15 year loan.