Tyler Carter
SFR loan programs < 25% down
18 December 2024 | 9 replies
Great credit scores and plenty of income from my W-2 source.
Seth Roland
Advice on Getting a Lender/Financing
9 December 2024 | 24 replies
As long as you have a credit score of at least 620, an HML/PML should be a good option for you.
Jeff Hines
How would you start investing if you had $150k???
17 December 2024 | 86 replies
I also have a credit score of 756.
Jeff Shaver
Need Advice on how to best use my equity.
23 December 2024 | 15 replies
It’s worth exploring credit unions or lenders specializing in non-W-2 borrowers.
Charles Evans
New House Hacker, Need Tips/Reassurance Please!
29 December 2024 | 15 replies
makes sense. so i actually did a 2-1 buydown FHA, i have a 800 credit score and locked in a 5.875% in today's market which is pretty damn good IMO... so the first year ill be at a 3.875% with about a $2350 monthly payment including prop tax/pmi/morg insurance/home owners insurance. lease is locked in for a year at $1400 a month which makes me only have to pocket roughly $1000. the way i see it, its cheaper than rent or mortgages in today's world!...
Kevin Akers
Cash-out Refi or Line of Credit
19 December 2024 | 14 replies
Local banks/credit unions typically offer the best HELOC rates, but few of them offer investment HELOCs.
Jonathan Abrado
Pace Morby Gator Method Course Review
25 January 2025 | 155 replies
Establish a credit profile, credit score, and opportunity to apply for advanced credit/ OPM "other peoples’ money" to leverage for even more deals"So, really, you're paying $1K more to going Pace's Training because it already includes Prime's Corporate Credit Coaching.
Rich Emery
DSCR without penalty for selling early?
19 December 2024 | 15 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
Saul Clavijo
Multi family investing
16 December 2024 | 8 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Louisa Seales
In a Slump!
19 December 2024 | 6 replies
Do the refinery workers have a union or a company HR department that can be reached to advertise to directly?