Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 replies
Verifying last 2 years of rental history very important!
Melissa Stanley
Starting with a Friend (LLC?)
28 January 2025 | 6 replies
A partnership requires three things to be successful - Experience, Capital and Time.It looks like you have the capital and experience but maybe not the time.I have my doubts about this working if you have a friend who has weak credit and a limited cash flow.
Alex Patton
Refinance DSCR Advice
31 January 2025 | 16 replies
Rate will also be in the high 9s depending on PPP and credit.
Chad Jones
HELOC to fund a rehab?
28 January 2025 | 11 replies
Local banks and smaller credit unions are most aggressive in this space.
Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
30 January 2025 | 7 replies
If It is a wholesale DSCR lender that also does TRID loans, they might require a bit more paperwork, such as a VOM, mortgage statements for properties currently owned, and credit supplements on mortgages on your credit report.
Cameron Marro
Seeking Renovation Advice for My First Investment Property
27 January 2025 | 13 replies
Using mortgage debt at 6-7% on a refinance to pay off higher rate debt such as a credit card at 15-25% is a savings!
Brandon Dixon
100 percent financed/Juan Pablo reviews?
23 January 2025 | 39 replies
Was the business credit enough to put towards a deal?
Rick Im
2nd mortgage lender
17 January 2025 | 4 replies
Most (not all) HELOCs require that the property is titled to an individual (not LLC) and are full doc, meaning your employment history, income, DTI etc will be factors.
Joseph Leibovitch
Cash out refinance - been holding for 2 years
30 January 2025 | 12 replies
Best bet is to try local and credit unions, possibly may have some programs for better rates.
Isaac Terry
Investing Out Of State - Starting
22 January 2025 | 20 replies
Verifying last 2 years of rental history very important!