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24 January 2025 | 3 replies
You borrowed $388k and you’ve paid your loan down to $384k with your $30k in payments.
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23 January 2025 | 2 replies
Loan officers with 25 years of experience typically are more experienced, and have less time per file, because they have an abundance of files.Loan officers with 25 months of experience typically are less experienced, but have more time to devote to you.I can't write my own loans, so when I'm getting a loan I prefer working with less busy people when I'm doing my own real estate investment, they're more responsive and dedicated it feels like.
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24 January 2025 | 4 replies
We use a construction loan to build a 4bed 4 bath cabin.
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10 February 2025 | 31 replies
Then, we match the properties that passed the data mining engine against the specific financial situation and goals of individual clients.
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23 January 2025 | 1 reply
Then rent the bigger home out using a property manager, allowing her to possibly cash flow and maintain that asset and let it continue to grow in value.Encourage her to consult with a CPA or tax attorney to explore the best strategy tailored to her situation.
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12 January 2025 | 12 replies
Minimum loan amount is $250k.
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13 January 2025 | 6 replies
My Client has following Situation: 1099 Worker; Same Profession the last 8 Years2023 1099 Gross income $87,0002022 1099 Gross Income $134,000 Looking to buy a Condo, SF, or Multi-Fam, and rent out spare rooms & Apartments in the House.
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27 January 2025 | 10 replies
For my personal situation it wasn't worth it.
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23 January 2025 | 5 replies
So if I understand, you would get a loan the normal way and then the bank trust is an extra fee that comes along with owning the property in Mexico?
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28 January 2025 | 14 replies
And could even get a second home loan if doing traditional financing.