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18 June 2024 | 4 replies
Currently, I have a 4-plex in Texas which I purchased in 2020 (FHA loan that is now entirely a rental property) and manage independently.
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16 June 2024 | 16 replies
In this case seller owns and you both are taking huge risk that bank calls the loan(s)3. subject has a loan or mortgages and leases to you with credits towards buying.
17 June 2024 | 0 replies
To address this, we agreed that I would work in the business for six months to verify the financials, which so far align with his POS system.My main issue is that at 23, I don't have strong financials to get a conventional loan at 75% LTV with a ~7% rate, and the seller's lack of financials complicates bank approval.
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17 June 2024 | 0 replies
this was a regular conventional loan.
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17 June 2024 | 7 replies
From my understanding it might have to be a personal loan, which is very expensive.
17 June 2024 | 1 reply
DSCR loans are really not ideal for first time investors.
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17 June 2024 | 12 replies
I can some up Western Wealth Capitals financial problems with Three words: "Variable Rate Loans"!
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14 June 2024 | 7 replies
I don't believe you can buy a house in an LLC with a VA loan.
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16 June 2024 | 16 replies
You'll get better loan terms and lower interest if you owner occupy.
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17 June 2024 | 9 replies
Check in with @Joseph Chiofalo for Pro Forma support and analysis he can help plug in loan terms with investor friendly financing.