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4 February 2025 | 9 replies
While it provides opportunities for buyers who may not qualify for traditional loans, it's important to ensure affordability and long-term sustainability.
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2 February 2025 | 4 replies
Since the original loan was apparently for a primary residence an LLC could never qualify because it isn't a person who would owner occupy the property. 2.
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7 February 2025 | 11 replies
I got a PA for 300k/FHA loan. 720+ credit score, 75k cash, and good income.
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24 January 2025 | 17 replies
I locked a DSCR loan yesterday at 6.385%, 75% LTV.
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7 February 2025 | 9 replies
To maximize your investment, use financing options like FHA or conventional loans, analyze deals based on cash flow and cap rates, and network with local investors through REI meetups and BiggerPockets.Good luck!
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7 February 2025 | 0 replies
Financing and Exit Strategies MatterMany house hackers use FHA or low-down-payment conventional loans.
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4 February 2025 | 0 replies
So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.
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29 January 2025 | 8 replies
The terms for a 2nd position loan on a rental is 6%, 25 year term, and 2 points origination fee.
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28 January 2025 | 6 replies
The LLC is irrelevant unless you are paying cash or getting a DSCR loan.
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3 February 2025 | 7 replies
With my situation of not being bankable, would DSCR loans still apply to me?