3 July 2024 | 13 replies
@Jesse Jamrowski 9% would come from someone paying my principal portion of the loan.
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1 July 2024 | 16 replies
And no idea how any loan beyond a DSCR loan works but knows that the DSCR is always the best option and thinks the DSCR loan is somehow undetectable from underwriting on the next application.
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2 July 2024 | 1 reply
Hi all,I purchased a two-unit home a few years ago as my primary residence with a conventional loan, and was told by an accountant that there is no reporting or extra tax forms I need to file as long as my tenant in the upstairs unit is paying less than the total of my mortgage.
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29 June 2024 | 4 replies
Should i use part of a home equity loan to put a down payment on another house to rent out?
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1 July 2024 | 2 replies
Hello, Guillermo Kennedy, have you considered a loan officer position?
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1 July 2024 | 1 reply
Discovered by "driving for dollars," the property had an ARV of $215,000 and a remaining loan balance of $86,000.
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29 June 2024 | 6 replies
If so, has this been effective with improving efficiency, tenant satisfaction, and overall business operations?
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28 June 2024 | 7 replies
After doing research I learned of the DSCR loan.
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3 July 2024 | 24 replies
This approach is perfect for using private financing initially and then doing a DSCR loan later to maximize their investment strategy.
1 July 2024 | 1 reply
Hello,I'm planning on investing in a 4 unit property with my sister-in-law using her as the primary buyer qualifying for a first time homebuyers program and me providing the capital and being a co-borrower on the loan.