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6 October 2024 | 8 replies
Criteria can include location, population growth, job diversity, amenities, desirability of bedrooms and bathrooms, size, and comparable rents in the neighborhood.
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4 October 2024 | 10 replies
Minimum loan size is $1,000,000.
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5 October 2024 | 11 replies
Hoping to partner with an investor and give up a large portion of ownership or transfer title to their LLC to successfully refinance and avoid any legal consequences.
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7 October 2024 | 39 replies
The other group making good money have a business designed to get some portion of YOUR money.
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6 October 2024 | 33 replies
I know Cedar Neeley over there pretty well and they are one of the only lenders I know of doing loans of this size.
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8 October 2024 | 16 replies
Just lay out the rules on pet size, breed, and how many pets are allowed.
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4 October 2024 | 4 replies
I would also let the caseworker (or whoever you talk to) know that the tenant has not paid you their portion of the rent.
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4 October 2024 | 8 replies
It's entirely possible that you can deduct mortgage interest, utilities, property taxes, insurance, repairs and other expenses associated with the portion of your property which is rented to others.
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1 October 2024 | 16 replies
As a lender our minimum loan size is $50,000, but as a loan design for repairing properties the minimum loan size does not have to be met at purchase.
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4 October 2024 | 27 replies
Keep in mind with the FHA loan on 3-4 units, there is a self sufficiency test as part of the qualifying portion.