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7 February 2025 | 13 replies
Quote from @Patrick Roberts: Angel oak and A&D mortgage are two of the bigger lenders that I know of who will do 2nd's on investment properties as of a few months ago.
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16 January 2025 | 1 reply
Coos Bay - The main delay with application in this area is whether the property is on public utilities or has a septic system and private or public water source.
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5 February 2025 | 5 replies
Maintenance/cap ex, insurance, if a rental PM, bookkeeping, misc.The fact you have a loan means 1) leverage 2) equity pay down.In addition, there are tax benefits.So I will do some rough underwriting as an OO non-rental at 95% LTV (because FHA has some undesired consequences that make the 1.5% difference in LTV worth avoiding the FHA).equity paydown: 20% (using OP interest rate at 95% LTV and not counting closing costs).
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19 February 2025 | 7 replies
Because of the nature of a tax lien, it would be difficult to obtain financing from a commercial lender secured by the tax lien itself.
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17 February 2025 | 8 replies
Not just you throwing bleach on it and painting over it.In general it sounds like you were notified of the issue, attempted to correct the problem but were unable to due to the tenants non response.
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26 February 2025 | 11 replies
This team consists of an Investor Focused Agent, Lender, Contractor, and PM.Read this article on the "core 4".
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27 January 2025 | 12 replies
I'm a Navy public affairs officer, so I move every couple years, but I'm currently in Germantown, TN (near Memphis), and I've been interested in RE my entire life.
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23 February 2025 | 25 replies
Financing can make a big difference, and local lenders who understand house hacking and multi-family investing can sometimes offer more flexibility than big banks.
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12 February 2025 | 3 replies
Any contractor recommendations or lender suggestions for short-term financing?
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5 February 2025 | 1 reply
Every state has different laws regarding a notice to terminate/non renewal of lease.