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.
Godsheritage Adeoye
How to takeover Subject to loan
3 January 2025 | 7 replies
Often, lenders will not act until the differential between current interest rates and the interest rate on the subject loan reaches a certain point.
David Cherkowsky
Loan Option Advice for House Hack in Alexandria VA
5 January 2025 | 17 replies
Here's a breakdown on loan options to consider:FHA Loan: @Brittany Minocchi is right in looking at FHA option.
Zach Howard
Class C: Personal loan for 200k, should I use it for multiple down payments, or...?
9 January 2025 | 44 replies
Your personal loan has a 5 year balloon period.
Cody Caswell
FHA Loan for Primary House - Full Time Real Estate Investor
5 January 2025 | 7 replies
@Cody Caswell there's several things to ask about here that might not be answerable in a forum:- Why do you need an FHA loan?
Jennifer Fernéz
Help Me Close On My Loan!
23 January 2025 | 3 replies
Woohoo! My offer got accepted for an investment property in Pennsylvania. Next up is a huge financial hit: closing costs. I just signed a bunch of disclosures from my lender and after reading them it has me thinking, ...
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?
Torianne Baley
Letter of Intent with Loan Fee - Is this Legit
2 January 2025 | 19 replies
Stop reading if you want.2) I couldn’t guess what “There is a 6 months of grace period before interest payment begins” means.3) They call their $3555 charge a “Loan Fee,” stated a few lines up as 2%. 2% of $235,000 (loan amount) is $4470.4) Do you seriously believe the loan fee, “… IS 100% REFUNDABLE IF THERE IS ANY DEFAULT FROM THEPART OF THE LENDER OR IF THE BORROWER CHOOSES TO TERMINATE THE LOAN.”5) It’s okay to pay an appraiser directly.
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?
Melissa Johnstone
First home buying experience and with using my VA loan
7 January 2025 | 4 replies
This was through the Veterans Affairs home loan program.