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5 February 2025 | 3 replies
FHA MIP is permanent over the life of the loan but you can refinance into a conventional loan once you have 20% equity.
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3 February 2025 | 15 replies
During the "fix up" process, you would use a different kind of loan that will end up converting to a DSCR loan once you have tenants living in the unit(s).So, I would need to use maybe a construction loan for the renovations and then convert it to a DSCR loan?
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5 February 2025 | 5 replies
Even on conventional renovation loans, most lenders and borrowers still use Certified 203k Contractors b/c the guidelines/timelines/rules/processes are almost identical.
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4 February 2025 | 11 replies
Great question - 20% down is the typical down payment for investment properties, regardless if it's a single family, duplex, tri or quad.We have a 15% down option for the same type of loan.
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1 February 2025 | 16 replies
Reason being HML's are typically short term loans that are interest only.
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3 February 2025 | 2 replies
No, you cannot purchase a home with an FHA loan via an LLC.
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1 February 2025 | 1 reply
Wise lenders have borrowers sign legal agreements and have them provide collateral that is worth more than the amount of the loan in case the borrower doesn't make the promised payments on the loan.
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5 February 2025 | 1 reply
You guys need to get rid of that student loan debt.
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29 January 2025 | 4 replies
.: Anyone with experience (and/or referrals to lenders) with non-recourse loans?
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1 February 2025 | 2 replies
Anyone know about non-recourse loans when investing with a solo k?