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3 February 2025 | 15 replies
During the "fix up" process, you would use a different kind of loan that will end up converting to a DSCR loan once you have tenants living in the unit(s).So, I would need to use maybe a construction loan for the renovations and then convert it to a DSCR loan?
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29 January 2025 | 31 replies
@Sang Kim- I am sorry to hear this....DId any of the paperwork provided outline if the 6K fee was rendable ?
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3 February 2025 | 2 replies
No, you cannot purchase a home with an FHA loan via an LLC.
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15 February 2025 | 3 replies
The agent also stated that because the seller is behind, the loan cannot be assumed.Questions for the Group:Is it true that a VA loan cannot be assumed if the seller is behind on payments?
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6 February 2025 | 9 replies
I had a meeting with a lender about getting a second home loan.
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18 February 2025 | 0 replies
In today’s competitive real estate market, where inventory is tight and opportunities seem few and far between, many potential buyers are overlooking a game-changing option: renovation loans like the 203(k) and HomeStyle.
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27 January 2025 | 6 replies
There are too many factors to consider to just provide base rates for what you're asking.
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19 February 2025 | 14 replies
I am in Sandusky and have a mixed use multi parcel loan with them.
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12 February 2025 | 0 replies
The Housing Wire article chart shows how FHA and VA loan delinquencies are approaching really high historical levels, close to that of the housing crash.We are still at historic lows for conventional loans.
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19 February 2025 | 4 replies
I also can't financially float three or four $400-600K conventional loans.