Jill Young
85% LTV Loan for one property with 3 STRs in Texas
26 January 2025 | 8 replies
Wrapping 3 properties into one blanket loan shouldn't be a problem, save these are sitting on any sizeable acreage.You might get lucky and find a unicorn local bank or credit union that would consider that kind of leverage, but I would say overall, those terms are very unrealistic.Cheers!
Holly Radice
Unpaid Utilities on Potential Deal
22 January 2025 | 4 replies
Your estate agent and the title company should be having them pay any unpaid water bills upon closing - this should be shown on the settlement statement.
Patrick Braswell
Home Equity Loan vs.
19 January 2025 | 5 replies
Hey @Patrick Braswell You shouldn't have any issues getting a DSCR loan as long as you have at least 1 borrower who owns 20 to 25% of the property, or if a couple of you can get to that level combined.
Nathan Gesner
Have you ever used your umbrella insurance policy?
15 January 2025 | 11 replies
I believe the standard vehicle liability is $300,000 while the average settlement is less than $60,000.
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?
17 January 2025 | 9 replies
HUD.GOV is originating source for FHA loan info.
Keyshawn Johnson
Moving to Destin, FL Soon – Looking to House Hack My First Property with VA Loan
25 January 2025 | 5 replies
As an active-duty (soon transitioning) Air Force myself, I know the VA loan is a powerful asset for us.
Brad Roche
Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
This money gets added onto the back of the loan kind of like a VA funding fee does.
Josh Duncan
Thoughts on 401K loans
8 January 2025 | 10 replies
Been looking at hard money loans, and also looking at doing a 401K loan from my w-2 job.
Curtis Cutler
cashing in 401k? rethinking retirement.
23 January 2025 | 8 replies
You can buy a rental house, put $60,000 down and you will have to get a non-recourse loan for the rest of the mortgage.
Arshiya Taami
is 95% LTV for a DSCR Loan that is 2.2 possible?
14 January 2025 | 15 replies
In reality, it’s pretty rare to find a DSCR loan going up to 95% LTV.