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30 January 2025 | 6 replies
I have been trying to save up money but it is not near a down payment for a traditional loan.
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8 February 2025 | 13 replies
I got a PA for 300k/FHA loan. 720+ credit score, 75k cash, and good income.
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29 January 2025 | 5 replies
.~ I will most likely purchase the first home (multi-family) using a bridge-DSCR loan combo or a FHA203K (3.5-20% down).
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10 February 2025 | 21 replies
The market is ALWAYS changing but I know at this time, seasoned investors are getting 80% LTV on DSCR in the 6% range and 90% of PP/100% of renovation if total loan does not exceed 75% of ARV for FixNFlip loans. =)
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21 January 2025 | 6 replies
hi guys,so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.I want to get s...
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4 February 2025 | 7 replies
Hi Shayan,It definitely doesn't hurt to get another quote from a different GC for sanity check.DSCR loans won't work if the property is not rental condition and it won't fund any of your rehab budget.
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11 February 2025 | 167 replies
Of course they are also trying to "launch loan fund".
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1 February 2025 | 11 replies
If you're purchasing a single family home you can use traditional financing like you probably did on your house or you can do a commercial loan.
31 January 2025 | 2 replies
So for the first property which will cost over $1 mil to construct, there will be stacked loans, essentially $280K will come from loan assistance program,( the name is not correct but the same idea).