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Results (10,000+)
Matt Wan Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
While some lender will allow statements from other countries and will convert to USD, the path of least resistance here is to have your funds already in the US and create a US based entity to vest on title
Mitchell Catoe Does anyone have experience with D.S.C.R. Loans
21 December 2024 | 10 replies
I just don’t know DSCR are great for investors that do not report income, have exhausted all conventional financing, and want to close title under an LLC.
Alfredo Ahumada Acquired Tax deed property at county action with 2 deceased owners
11 December 2024 | 4 replies
Getting title and getting clean title for properties bought at tax auctions are two different things. 
Andy S. In New Jersey Should I list Property For Rent During Winter?
20 December 2024 | 18 replies
The title: The Pro's Guide to Property management Less Stress, More Rent, with Amelia McGee and Grace Gudenkauf. 
Elliot Tan Can you assume a VA loan with an entity?
13 December 2024 | 2 replies
Alternatives to ConsiderIf you want to involve an entity for liability protection or other reasons, here are some potential approaches:Assume in Personal Name and Transfer to Entity:Assume the loan in your personal name and later transfer the property title to an entity.Important: Transferring title may violate the loan’s due-on-sale clause unless explicitly allowed by the lender.
Angel Romero I've done a house hack - Looking to unlock 250K in equity to buy a 4 Plex
19 December 2024 | 3 replies
Most HELOCs will require that the property is titled to you, not an entity (like an LLC) and require using your income, employment history and DTI to qualify. 3.
Tyler Kesling Funding Your First Deal
7 January 2025 | 16 replies
Even at $60,000 a unit - that is a $1.2 million deal... and realistically I bet they will be over $100,000 each... all just a guess... but when you get into these price points and you are "new to real estate" as your title in your post suggests - I think you are probably getting in over your head for a first deal.  
Shane Haas Buying a forclosure cash with help from parents, then financing. Any complications?
15 December 2024 | 7 replies
This can be conventional or DSCRB) Conventional cashout refi - will need at least 6 months on title if no mortgage on the property (I think - going off of memory), 12 months seasoning if there is any kind of mortgage/lien/loan with the property; will be based on improved LTVC) DSCR cashout refi after six months of seasoning (most cases), and this will include any improved value of the property in the LTVMost cashout refi's will be limited to 80% LTV.
Aaron Dyson My Second Property: Investing in a New-Build Home with a VA Loan in Bryan, Texas
19 December 2024 | 6 replies
Lastly, know that any conventional loan likely has a 'due on sale' clause, where if you change the title of the property, they can call your note due.
Greg Weber Has anyone done business with this company or person
19 December 2024 | 37 replies
I know this is hindsight but when ever you lend money you should get a Lenders title policy and give escrow instructions to the title company that your loan is to be in first position.