Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
Do you have a good credit score?
JR Mack
Graduating analysis paralysis
13 January 2025 | 11 replies
Quote from @Jaycee Greene: Assuming you pay asking price, I'd estimate the down payment for something like that using a hard money loan (HML) would be around 40% of the purchase price and your monthly payment would be $2,600 with an interest rate in the low 7% range (probably need a 700+ credit score to get that).
Loren Souers
Best deal for first time rental purchase
19 January 2025 | 8 replies
Yes, that’s another credit union only asking for 10% down with no pmi.
Avani Patel
software to filter properties by return rates
17 January 2025 | 3 replies
Hello, it is really time consuming for me to analyze each property by manually entering its data to calculate the return. Is there any software where I can filter out properties below a certain return? I want to be ...
Anthony Sigala
Any FHA workarounds??
12 January 2025 | 5 replies
If you are looking at FHA because of credit score, then I would work on credit scores to qualify for conventional financing or see if you can get a very strong coborrower with high scores.
Robert Stephenson
Older Investor needing help getting a Second property
21 January 2025 | 13 replies
There is no point refinancing the almost paid off property to buy another-just get a mortgage on the new property.hard money lenders are going to charge you a higher interest rate.
Diandre Pierce
DSCR lending expert
20 January 2025 | 23 replies
Here's a bit more in detail about how rates are calculated for DSCR loans:1.
Andrew Katz
Should I Keep these Tenants?
30 January 2025 | 13 replies
Usually the numbers don't work to build in these neighborhoods, unless government tax credits, etc.Do you see the problem with your two statements:"The turnover costs could/will be high"and"How much more damage could they do?"
Brandon Toron
How to get the most cash out of my property?
13 January 2025 | 13 replies
What about rate and term refinancing?
Andria Kobylinski
Boutique Hotel Investing - Financing
21 January 2025 | 15 replies
Many of these lenders allowing 2nds behind them are more expensive capital (10's - 13's in our current market [high rates - but now showing signs of coming down]).