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28 July 2024 | 8 replies
Condos are pretty straight forward, but as a foreigner you are not allowed to own the land.
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30 July 2024 | 19 replies
I often see folks jump straight to being an active investor, and I know just how much work that can be, often for disappointing financial rewards.It's generally better to be the bank!
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27 July 2024 | 108 replies
I'm not referring to a HELOC, since you normally don't get those on investment properties - I'm talking about straight up mortgages on the property.
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25 July 2024 | 24 replies
NEVER send up front money to any lender that you met on the internet.. the only money you should pay for is a 3rd party appraisal and your check should go straight to the appraiser.
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25 July 2024 | 1 reply
The other route I was thinking is to buy straight out using a FHA loan since this would be our first home.
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25 July 2024 | 14 replies
Alternatively, you could move straight into a longer term program that will essentially structure the deal as a "delayed purchase" and underwrite in place DSCR/occupancy.
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26 July 2024 | 23 replies
I straight up asked my lender if they would "call" the loan for the due on sale cause and have in writing that nothing will change.
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23 July 2024 | 5 replies
Why'd you take a balloon instead of straight 30-year fixed?
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24 July 2024 | 46 replies
Honestly it's fairly straight forward..
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22 July 2024 | 9 replies
Lenders will want to verify you have 25-30% down and 6-12 months of reserves + closing costsEverything else is straight forward.