Jacob Thorpe
Pulling out equity, HELOC, other stuff
16 December 2024 | 11 replies
As others mentioned, you're going to have a very hard time getting a loan when you're currently in default on any kind of mortgage, HML or otherwise.
Kevin Oh
Shopping around for better rates
18 December 2024 | 12 replies
I would also recommend doing your due diligence on the new lender, and make sure they are not just a salesy loan officer trying to win you over with term sheets that don't exist...
Shane Haas
Buying a forclosure cash with help from parents, then financing. Any complications?
15 December 2024 | 7 replies
There are not issues with giving funds, but you have to define how they are given - are they a gift, a loan etc...
Joe S.
Buying property with a lease option as an investor
18 December 2024 | 3 replies
I’ve actually had a number of people exercise their option and get a loan and buy the house.
Trey Holloway
Financing and Down Payments
15 December 2024 | 13 replies
I agree with everything @Michael Baum said.Many people, including myself, have used a 10% down second home loan to buy a property used for a STR.
Will Almand
Multi Family Investing Cons
18 December 2024 | 4 replies
They can be sold to owner occupants that get a conventional, fha or Va loan.
Connor McGinnis
Longer loan term with better cash flow or shorter loan term?
7 December 2024 | 4 replies
20 to 25 year amortization is pretty standard for commercial loans, in my area at least.
Daymian Mejia
House Hacking in NorthShore
16 December 2024 | 6 replies
Consider FHA loans for lower down payments and reserve for repairs or upgrades.
Angel Romero
I've done a house hack - Looking to unlock 250K in equity to buy a 4 Plex
19 December 2024 | 3 replies
HELOANThis takes second position and is a closed end loan, meaning it's given as a lump sum similarly to a "regular" mortgage.
Julian Zamora
How do I become a mortgage broker?
14 December 2024 | 8 replies
Pretty much my first step should be work as a loan officer and then the rest will come to me?