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20 September 2024 | 7 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
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21 September 2024 | 69 replies
Many newly build, luxury high rise condos were not qualified for any financing because the building didn’t have the required number of units owner occupied as required by Fannie, Freddie, and individual lenders.
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19 September 2024 | 13 replies
They focus more on property income than personal credit, making it easier to qualify for a cash-out refi.5.
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17 September 2024 | 22 replies
They've always wanted two years of tax returns.I know everyone says you "don't need anything" for DSCR loans, but I've always found that you... do.The key difference is of course that your DTI ratio plays no role in qualifying for the loan.I obviously can't speak for OP's experience and don't know who her lender is.
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14 September 2024 | 10 replies
You might pay less in taxes but it'll be harder to qualify for the next loan.
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18 September 2024 | 7 replies
(where you acquired title to their property SUBJECT 2 their loan) We've been told that ONLY a PERSON (an individual) having the capacity to contract is QUALIFIED to act as an Attorney in Fact for an individual.
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20 September 2024 | 17 replies
Make sure your contractor is licensed and insured and most importantly - qualified for the job.
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17 September 2024 | 4 replies
I will look into that, for some reason I was thinking that due to the mixed nature of it that it wouldn't qualify for a manufactured home DSCR.
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20 September 2024 | 23 replies
I have to say if you cannot tap $3000 (or even $500) for this without feeling it, you might not be able to tap what you need to qualify for the loan- you should look into this.
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17 September 2024 | 3 replies
I haven't heard much from those interested in syndicating, although there are hard money lenders among the members, as well as members who would qualify as accredited investors.