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19 September 2024 | 10 replies
You can do what many of us to and use the stability of the W2 to get mortgages and buy rentals.
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17 September 2024 | 2 replies
That severely limited the number of lenders I could go to, so I ended up finding a loan product (that costs a premium, albeit) thru Velocity Capital Mortgage that allows fully-amortizing or IO payments (for first 10 years) which will help me build cash flow and accrue title seasoning while I find the right time to pull the trigger on a fully-amortizing DSCR product Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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17 September 2024 | 8 replies
Rates have improved for these loan products as well.
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16 September 2024 | 6 replies
I’ve used it for projects and think it’s great for high ticket sales coaching and information based products.
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17 September 2024 | 22 replies
If you are using a purely investment driven DSCR product you shouldnt need transcripts at all, ever.
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16 September 2024 | 5 replies
**Seller’s Financial Stability**: Verify the seller’s current financial standing, as any liens or judgments could complicate the deal.4.
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16 September 2024 | 13 replies
Are there other loan products similar to the DSCR loans that can also be utilized for investment properties?
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18 September 2024 | 3 replies
It will sell mores easily and be a safer product.
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21 September 2024 | 69 replies
What kind of financing products does your team have?
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20 September 2024 | 114 replies
Switching properties doesn't change what's already spent, incurs transactional costs, and the initial costs to stabilize the new property.