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6 November 2024 | 12 replies
Education on financing and scaling, such as DSCR loans, and partnerships can help you take on larger projects.
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6 November 2024 | 7 replies
Otherwise with no income you are looking into just buying all cash or using a loan called Debt to ratio income to purchase investment properties where you use the rent to cover your mortgage but you will need to put down at least 25% down of the purchase price.
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29 October 2024 | 5 replies
I’m looking to become an investor in the KC area and I was curious if I should pull the trigger on a multi family or single family home with the VA loan?
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3 November 2024 | 24 replies
This kind of programs takes little longer to close because lender has to take some extra steps to close these loans.
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4 November 2024 | 4 replies
I understand the concept, I own some REIT, but I wanted to tap into more hands on investing, and perhaps build wealth faster as BRRRR allows for that using 75% loan to value options, etc.
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28 October 2024 | 6 replies
I have a loan estimate from a lender that increases the loan amount by ~$3500 which essentially cancels out the out of pocket expenses, and reduces my rate to 7.5%.
5 November 2024 | 5 replies
Many lenders, including Wells Fargo, may consider it a due-on-sale clause, which could lead to them demanding full repayment of the loan.
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4 November 2024 | 19 replies
Alternatively, does anyone know of a loan originator who can help me create my own friendly line of credit from one of my LLCs and record the liens?
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28 October 2024 | 6 replies
Hello Everyone,I was talking to an investor in regards to financing and his suggestion was to get a 500k loan to put towards all current debt, but wasn't sure all the factors that may be implicated with going this route.My current portfolio has 2 properties (1 LTR, 1 MTR = 370k), and current debts: HELOC at 54k and a vehicle at 40k.
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5 November 2024 | 5 replies
That may not be possible, but what if you took a cash out loan to pay some of them off?