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19 December 2024 | 10 replies
House hacking is a great starting strategy, especially with FHA loans.
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17 December 2024 | 42 replies
The borrower makes the request that the loan be sold.
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19 December 2024 | 7 replies
When you have 10 “little” properties with loans (Say $150-$200k each) and exchanging to either 1 big $2M property or 5 $400k properties to free up more “golden ticket” loans.
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17 December 2024 | 8 replies
I did an FHA 203K loan and it was a pain but it worked out and I built the necessary equity to BRRRR.
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19 December 2024 | 4 replies
I got a loan on the property when I bought it.
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9 December 2024 | 38 replies
So those were all on my Fico.. my Bank loans from my commercial banks dont show up IE: development loans vertical construction loans..
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25 December 2024 | 8 replies
Also, compared to a traditional loan (i.e., conventional, FHA, etc.) for a primary residence your rate/points options are going to be higher for an investment.
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23 December 2024 | 8 replies
No matter how you do it have a back up plan in the event the mortgage company call the loan due.
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17 December 2024 | 2 replies
As far as capital, most investment loans would require you to do 20-25% on a SFH.
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19 December 2024 | 55 replies
Rates are pretty high (12-15% with an additional 5% of the loan paid at maturity).