31 January 2025 | 2 replies
So for the first property which will cost over $1 mil to construct, there will be stacked loans, essentially $280K will come from loan assistance program,( the name is not correct but the same idea).
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19 January 2025 | 9 replies
I'm hesitant to give up my conventional loans on the next cash out refinance for DSCR loans.
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6 January 2025 | 8 replies
If you use a DSCR loan you could maximize the equity you could take out while still breaking even on the mortgage + taxes + insurance.
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5 February 2025 | 10 replies
I also can take out a home equity line of credit on my current home....but I need direction.
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2 February 2025 | 8 replies
Loan Amount 110kCurrents Rents $1,375/moMarket Rents $2100 5 bed 3 bath Happy to look at pricing for you with additional details.cheers!
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19 January 2025 | 18 replies
More on DSCR loans: DSCR loans won't use your income to underwrite the loan.
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2 February 2025 | 14 replies
I did a cash out refi on my principal residence at a much lower rate and paid it off.Now I plan on using the equity for more purchases.What?
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31 January 2025 | 44 replies
Flippers get a 20% equity gain.
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5 February 2025 | 5 replies
Luckily, I did have equity in all of my properties.
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16 January 2025 | 2 replies
Freddie Mac only offers financing for single properties they do not offer 'Portfolio loans" meaning bundle them all into one loan.