Eli Kallison
Do lenders ever consider income from a house-hack property?
15 April 2020 | 8 replies
@Eli Kallison got it, you're saying you don't know how much you're going to get approved to borrow.
Teague Anderson
Repercussions from forbearance
26 September 2020 | 9 replies
Specifically, when the dust settles lenders may deny loans for borrowers who took such advantage, or may want to see proof of 12-month continuous payment of their existing loans.
Judy Sumner
Hard money loan default
13 April 2020 | 2 replies
Some borrowers truly have no way to pay and some are just looking for a cushion to remain comfortable.
Kyle Shepherd
Best way of purchasing 1st deal with no credit score
26 April 2020 | 10 replies
@Kyle Shepherd FHA loans tend to be the common answer for no-credit borrowers, but this will need to be your primary residence.
Louis Hamric
Need some motivation
15 April 2020 | 5 replies
I have 35k I could pull from Heloc at 5.8% and I could borrow 40k from 401k.
Brian Thurmond
South West GA BRRRR 1st one
15 April 2020 | 0 replies
I borrowed money from myself to purchase and I used an interest-free credit card for rehab.
Brian Thurmond
South West GA BRRRR 1st one
15 April 2020 | 0 replies
I borrowed money from myself to purchase and I used an interest-free credit card for rehab.How did you add value to the deal?
Michael Plaks
PPP rules for partnerships reversed on April 14
1 May 2020 | 22 replies
Tony Nitti, among others, pointed out that the 8/52 limitation is inconsistent with the Act itself and with the application of forgiveness to all other borrowers.
Sieanna Ariel
Owner-occupied 203k Multifamily
19 April 2020 | 9 replies
On a Standard 203k, the borrower can include up to 6 months of PITI into the mortgage balance to be used to pay for the mortgage when the payments are due.
Noah Garza
Presenting a deal analysis to a Lender
18 April 2020 | 7 replies
If we could have made our hurdle rate with 17.5% and were going to borrow we would have used the 17.5% in the analysis provided to the lender.