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17 January 2025 | 0 replies
10% down 2nd home loan and savings from the proceeds of already owned STR's.
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12 January 2025 | 8 replies
I do not have any loans through Flagstar Bank, but I would talk to them prior to moving it into the LLC.
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4 January 2025 | 14 replies
Done multifamily, SFR, STRs... and finally found the niche that I love the most and believe has the most potential for decades to come.
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13 January 2025 | 19 replies
Yes, you can “save” interest by paying off a loan faster - SO WHAT?
12 January 2025 | 10 replies
That translates into $208 to $375 per month on a $100,000 loan.
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13 January 2025 | 4 replies
Here’s what made a difference for us:🔹 Mortgage Relief – Many lenders offer disaster relief options like payment pauses or loan modifications.
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12 January 2025 | 7 replies
In addition to conventional loans and FHA loans, if either you or your wife are veterans, the VA also has a rehab program.I'd be happy to discuss my rehab experience both as an investor and as a mortgage broker, and at least help you think through your options.
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13 January 2025 | 17 replies
I plan to offer owner financing to others that can't get a loan.
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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).
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25 January 2025 | 6 replies
Most non-FHA loans will require at least 15% down but you'll have to have amazing credit.