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Results (10,000+)
Jill Young 85% LTV Loan for one property with 3 STRs in Texas
30 January 2025 | 13 replies
Wrapping 3 properties into one blanket loan shouldn't be a problem, save these are sitting on any sizeable acreage.You might get lucky and find a unicorn local bank or credit union that would consider that kind of leverage, but I would say overall, those terms are very unrealistic.Cheers!
Danielle DeCormis Solar Panels on Foreclosure
29 January 2025 | 2 replies
Quote from @Danielle DeCormis: Working on a deal where the home has been foreclosed on by the bank but they indicate they have no knowledge of the solar panels or whether there is a lien. 
Duarte Marques Is it possible to get DSCR Loan without credit score and other factors?
2 February 2025 | 9 replies
You will also need to have a US Bank account.  
Pamela Rivas Can foreigners buy Real Estate in Mexico? Legal process explained!
23 January 2025 | 5 replies
So if I understand, you would get a loan the normal way and then the bank trust is an extra fee that comes along with owning the property in Mexico?
Marisela Arechiga To ADU or to Purchase Another?
14 January 2025 | 8 replies
You will need the cash to build it and I doubt banks will be favorable with lending terms.
Sam H. HELOC, HEL, or 2nd Mortgage to finance Second Home
7 February 2025 | 4 replies
If your really needed it one could also consider hard money though that will come with higher rates and getting someone to give you 300k first time might be harder than just getting loan then you could refinance it later.Since your a high net worth person I would also try talking to local/regional and even big bank lenders.
Paige Corsello Commercial Deals as an LO
26 January 2025 | 5 replies
@Paige Corsello...You could call your bank contacts and find out if they are broker friendly.
Todd Douglas Fix and Flip in Detroit 48213
27 January 2025 | 12 replies
Most land bank properties, Detroit or Wayne County, are trainwrecks and cost more to rehab than they are worth - unless the market keeps improving.Be careful on the next one, but keep improving Detroit!
Andrew Katz What is the Process for getting a HELOC on an Investment Property
6 February 2025 | 9 replies
IF you have super strong income and you and have a lower 1st lien, lots of equity - MAYBE your best bet is using a local bank or CU to get most competitive HELOC inv terms.
Derrick Roland II Advice Needed – Single Family vs. Multi-Family Investment in Detroit
1 February 2025 | 3 replies
If you walked into a bank, your pre-approval would likely never qualify for a house hack duplex.Did they count 75% of the expected rent towards your DTI?