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7 October 2024 | 5 replies
On a max LTV what is the typical DTI and required credit score?
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8 October 2024 | 9 replies
If they represented pads that didn't exist then it would seem fair to ask for something of a credit (20k?).
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7 October 2024 | 38 replies
Excellent credit and a 30% downpayment.
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7 October 2024 | 2 replies
I plan to do my own background, credit and eviction check.
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3 October 2024 | 6 replies
Therefore, they might go for the agent who is willing to offer the lowest fee or go directly with the listing agent.For our deals, we will still be offering at least 2% to the buyer's agent because we would rather have a large pool of realtors bringing their clients.
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8 October 2024 | 9 replies
Keep in mind that each lender may have specific requirements based on your credit, income, and other factors, so you’ll want to check with them directly.I don’t do conventionals but I’d recommend reaching out to Brandon Croucier with All Loans Funding on here for those he’s really great.
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7 October 2024 | 1 reply
Since Covid, Wells Fargo stopped opening new lines of credit, and from the info I gathering will completely be getting out of the HELOC business.
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6 October 2024 | 8 replies
A mentor of mine with 400 units had said I can use a large seller credit to cover most of the down payment on a property I'm looking at.
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9 October 2024 | 312 replies
Instead, Sreit has relied on its line of credit.
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7 October 2024 | 6 replies
Given your strong net worth and experience, investors might be interested in a short-term investment with a clear exit strategy.Home Equity Line of Credit (HELOC): If you have significant equity in your personal residence or other properties, a HELOC can provide access to funds without selling any assets.Securities-Backed Line of Credit (SBLOC): If you have an investment portfolio, you could borrow against the value of your securities without liquidating them.Seller Financing: Negotiating with the seller to finance part of the purchase price can reduce the immediate cash requirement.