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27 February 2025 | 4 replies
I am doing a Rehab and Rent loan through DSCR
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22 February 2025 | 1 reply
Get a FHA loan, there are several other programs out there.
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13 February 2025 | 3 replies
The area has seen growth in both the residential and rental markets, making it a potentially lucrative investment.For financing, you can explore options like conventional loans, FHA loans (for owner-occupied properties), or even local programs that might offer lower down payments for investment properties.
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8 February 2025 | 10 replies
The loan is non recourse, so I have no personal liability.
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26 February 2025 | 10 replies
Be sure to explore all around the forums as well as many of the FREE tools that Bigger Pockets provides.I am on the lending side of things and am always happy to hop on a call to discuss loan options that are out there, even if not offered by my resources.
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15 February 2025 | 11 replies
So the only money out of pocket is any closing costs that don't get worked into a new loan.
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19 January 2025 | 18 replies
More on DSCR loans: DSCR loans won't use your income to underwrite the loan.
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26 February 2025 | 2 replies
Given that I’m currently unemployed, I’m leaning towards a fix-and-flip to generate some liquidity.Here’s my current situation:My first investment property (the duplex) was purchased using a HELOC from my mother’s primary residence (via Union Savings Bank), and the deed is currently in her name.I also secured a second HELOC against the investment property to cover contractor expenses.I'm considering transferring the property into a DSCR loan under an LLC, but I believe this would close out the second HELOC—can anyone confirm if that’s correct?
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27 February 2025 | 7 replies
I was house hacking a duplex with a VA loan and there were some beams that needed to be put up in the basement.
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7 February 2025 | 6 replies
Maybe a DSCR loan?