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7 February 2025 | 9 replies
If you're focusing on rural properties, sometimes local community banks or credit unions are open to these types of deals.
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20 February 2025 | 10 replies
I don't require it through Airbnb, but I do through Vrbo, because they are notorious for not backing you up when a guest does a charge back on their credit card.
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5 February 2025 | 1 reply
Got an equity line of credit and borrowed from it to pay cash for the property.
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15 January 2025 | 11 replies
Several factors indicate the company is not that concerned about efficiency or ease of customer process: the website, a process that seemed to focus on one issue at a time instead of all issues at once, and consistently poor communications and lack of common sense from the loan analyst we were assigned.It started off very well with the initial point of contact, Austin Lornson, who did a fine job of explaining the general refinancing process, responding quickly and thoroughly to our questions.
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31 January 2025 | 17 replies
(This assumes you have a credit card available to pay for any repairs.).
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30 January 2025 | 0 replies
With the right resources and help, you can still make it happen.There are options that can help make buying a home possible today — even if your savings are limited or your credit isn’t perfect.
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1 February 2025 | 1 reply
Then what happens is the lender reports your payment history to the credit bureaus and each time hereafter if you ask for another loan and the lender pulls your credit then they are going to see your payment history and whether you made your loan payments or not which will likely influence whether or not they lend you money.
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2 February 2025 | 9 replies
Further context, I have zero debt, high 700s credit score, one other investment property here locally. 175k in cash available, looking to do DSCR loans or cash and then refinance.Peoria, Illinois- Great need for lower income housing, market appears to have many options.Lawton, Oklahoma- Looking only at extremely cheap properties, as it seems it’s not terribly hard to find renters.
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20 February 2025 | 5 replies
3️⃣ Too-Good-to-Be-True Terms – 100% financing, super low rates, no credit check… is this ever real?
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20 February 2025 | 4 replies
Unfortunately, this reassessment is unavoidable, so you’ll need to evaluate whether transferring the property is worth the potential tax increase.If a Transfer Is Not Feasible:If the potential property tax increase makes the transfer impractical, an alternative option is for your father-in-law to secure a Home Equity Line of Credit (HELOC) on the property.