Danielle Field
Has anyone used All Loans Funding?
2 January 2025 | 2 replies
Just curious if anyone has used All Loans Funding for DSCR loans?
Bobby Short
Costa Rica 2nd property Mortgage
11 January 2025 | 12 replies
If you aren't going to be living in CR full time as you try to execute the deal I do not think it is physically possible for you to obtain a loan from Scotia Bank and not worth your time to try because the rates are so high.
Kenneth Joseph Perfido
Should I Pay Off My VA Loan Quickly or Keep Leveraging Debt?
16 January 2025 | 3 replies
Context:I’m seeking advice from those experienced in real estate investing and financial freedom strategies.I recently bought a multi-family property in Newport, RI, using my VA loan for $695K.
Shayan Sameer
Business Loan or Credit for Fix & Flip Projects
9 January 2025 | 6 replies
Business loans typically won't let you purchase a property if you read the fine print.
Diane Tycangco
Loan on Property 1 for Downpayment on Property 2
1 January 2025 | 4 replies
If I got a home equity loan for Property 1 and used the proceeds as downpayment for Property 2 and then got a 2nd loan for the remaining 75% purchase price for Property 2, when I sell Property 2, can I use the Property 1 loan as part of the cost basis for computing Property 2 capital gains?
Juan Ruben Cortez
Assuming a VA Loan
29 December 2024 | 1 reply
Quote from @Juan Ruben Cortez: I believe the funding fee is 0.5% of the remaining loan balance, plus maybe another $500 - $1,000 in lender fees.
Kristi Wolfe
19 years old - getting a loan with roommates
1 January 2025 | 4 replies
I doubt he'll be able to quality for a loan (VA) with just his income.
Julian Zamora
How do I pass the NMLS SAFE Mortgage Loan Originator Test?
10 January 2025 | 7 replies
I've been informed that completing the course alone may not be sufficient to pass the exam, so I’m seeking advice on how to prepare effectively once I complete it.Currently, my only other resources include a YouTube video, five practice exams, and a textbook.If you have any additional suggestions—whether online or in-person, paid or free—that could help me effectively prepare for the exam, I would greatly appreciate them.
Alex Hymanson
Loan Product and Value Add Questions for Self-Storage
2 January 2025 | 2 replies
Its a tiny loan for any institution.You'll have to get hard bids from a local GC, but maybe $110/ft?