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2 February 2025 | 9 replies
I was looking at DSCR loans because they don't require extensive checks like the bank loans and they "only" look at the income generated from the property to qualify for the loan.
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29 January 2025 | 11 replies
You're probably better off getting a Hard Money Loan.
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25 January 2025 | 4 replies
We are trying to think of all our options for a rehab loan.
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27 January 2025 | 15 replies
Different DSCR lenders have different guidelines.More on DSCR loans: DSCR loans won't use your income to underwrite the loan.
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27 January 2025 | 5 replies
Maybe consider a conventional reno loan like the Homestyle or CHOICERenovation.
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27 January 2025 | 6 replies
Tariq It depends on the type of loan program.If it's a Freddie Mac loan 6-7s depending on PPP, LTV, Fixed Term, and location.
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30 January 2025 | 8 replies
She is not in a position to lend a personal loan to me.
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30 January 2025 | 13 replies
I also have personal W2 income, if that matters.Is there a loan out there for a set-up like this at 15% down?
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2 February 2025 | 8 replies
Loan Amount 110kCurrents Rents $1,375/moMarket Rents $2100 5 bed 3 bath Happy to look at pricing for you with additional details.cheers!
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27 January 2025 | 5 replies
The best option would likely be a construction loan, which can cover both the purchase of the land and the build.