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25 February 2025 | 3 replies
As far as financing goes, I have now a steady income (although a small history), a FICO score over 760 (but never had a loan), and my dad who could co-sign if needed.
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18 February 2025 | 14 replies
Refi the house so they can continue to live in it, they will get the best loans on their primary residence.
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10 February 2025 | 4 replies
Additionally, I have a great relationship with my lender and secured favorable terms on my current loan.
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25 January 2025 | 155 replies
SubTo is taking over someone elses loan.
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4 February 2025 | 12 replies
The plan was to utilize the HELOC as the down payment then getting a conventional loan to cover the remaining 80%.
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5 February 2025 | 5 replies
The most successful loans are those that do not procrastinate and get the appraisers In ASAP so you can get over any unexpected bump in the underwriting process.
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3 February 2025 | 26 replies
More on DSCR loans: DSCR loans won't use your income to underwrite the loan.
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5 February 2025 | 17 replies
The institutional firms that do this type of lending (we deal with them every day) have to "securitize" the loans...meaning have their hedge fund/Wall Street backer bless the deal.
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7 February 2025 | 11 replies
Plus the mortgage company probably calls the loan, and if you can't pay it off then you can lose the property.
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5 February 2025 | 18 replies
@David Matarazzo Did either of you move forward with them for property loans?