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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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4 February 2025 | 5 replies
Also seems like a lot of MF sells occupied with tenants in place so you just have to comfortable with that and contracting up from and seeing inside after contracting. 1st step is to find a great lender and get pre-approved for a loan so you know what your budget is.
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14 January 2025 | 8 replies
I ended up with some rules, couple here:1.Discrimination - Never Rent to Attorneys, Law students or Law Professors.Learn all you can about the Housing Laws i.e.
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7 February 2025 | 11 replies
House hacking is a great starting strategy, especially with FHA loans.
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2 February 2025 | 7 replies
The substitute of collateral was more of a scenario where you sold for $155K, and instead of paying off the $88K loan in your scenario, those funds stayed at the title company and were used on a cash purchase happening nearby in date.
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28 January 2025 | 6 replies
The LLC is irrelevant unless you are paying cash or getting a DSCR loan.
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28 January 2025 | 8 replies
@Jon Ankenbauer you won't be able to keep the land separate from any future construction loan.
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24 January 2025 | 13 replies
DSCR loans are not that low and regular hard money loans will be in the double digits.
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24 January 2025 | 17 replies
I locked a DSCR loan yesterday at 6.385%, 75% LTV.