
2 October 2024 | 5 replies
I've gone through the process of shopping out a loan for the property and it was decided that I'd go with a loan originator who initially told me the interest rate would be anywhere from 5.5-6%.

5 October 2024 | 3 replies
Is it possible for a non-resident citizen like me to get a 30-year fixed-rate loan?

8 October 2024 | 13 replies
Financing deals can be done through FHA loans or the BRRRR strategy.Good luck!

6 October 2024 | 8 replies
Take out loans to fix it up and then take out a mortgage at fair value.I could be missing something though, good luck!

1 October 2024 | 2 replies
I have 2 cars that we are trying to exclude the payment from for dti ratios.One was owned at $852 monthly payment (this was refinanced to remove borrower from the loan)this one is giving me a problem because they are asking for payoff but honda is saying they take up to 10 days to be able to send it.Any guidance on a way to get this closed sooner would be great, seller is on a tight timeline.Second one is a lease that we have had approval to terminate (for $2600 fee) and then that one would be excluded.

7 October 2024 | 4 replies
I found this but I can't understand what the other costs are https://www.narpm.org/members/resources/rent-vs-sell-calculator/SFH current value: $441,000Bought for (2020 new construction): $362,000 (primary residence till Nov 2023)Mortgage balance: $218,000Interest rate: 2.375% for 15-year loan (12 years left)Annual Tax, insurance and HOA: $7,000Current rent: $2950Appreciation: Reached $441K in March 2022 and has stagnated since.

6 October 2024 | 8 replies
Some of the things I'd like it to do/keep track of:-Track purchase price, details of any loans, and current equity in the property as well as total portfolio equity-Track current and past rents for properties-Track total ROI for individual properties, as well as entire portfolio-Track expenses, be able to upload receipts, bills, etcAny suggestions are greatly appreciated.

6 October 2024 | 1 reply
Leveraging creative financing methods like hard money loans, private lending, or partnering with investors can also help you secure deals when traditional financing is delayed or limited.

9 October 2024 | 14 replies
Completely different situation for loan structure between residential and commercial.