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22 October 2024 | 3 replies
I asked if that could be a condition of the loan that the taxes are paid out of it first.
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24 October 2024 | 5 replies
https://www.biggerpockets.com/blog/multifamily-dscr-loans
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23 October 2024 | 7 replies
We require a 3x rent in verifiable income regardless of money in the bank.They could have a loan that needs to be paid off in 60 days and then the $100k is $1k, and now they can't afford rent.
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23 October 2024 | 6 replies
To start, get pre-approved for a loan, search for multi-family homes, plan commute, consider property taxes, leverage healthcare income, and build a local network.Good luck!
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16 October 2024 | 7 replies
Yes, there are lenders that offer 10% down on jumbo loans, but it often depends on a few key factors:1.
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23 October 2024 | 8 replies
Is the current loan a USDA,VA or FHA?
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23 October 2024 | 4 replies
Strengthen your financial strategy by building savings, monitoring credit, and exploring loan options.Good luck!
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22 October 2024 | 19 replies
Look into FHA 203k loans
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24 October 2024 | 14 replies
You might convince someone to give you a private money loan from the business side of it.
22 October 2024 | 9 replies
I know a common equity investment would be subject to UBIT but since there is no back end upside I wasn't sure if the pref equity would be viewed as a loan?