4 March 2017 | 10 replies
The rental world is new to me and I look forward to the advice and guidance of the seasoned investors on here.
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2 March 2017 | 4 replies
I bought a home with a conventional mortgage 10 months ago with 20% down. I have now found a fourplex that I would like to use FHA financing on (& use as my primary). However, my lender has told me that I cannot ...
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5 March 2017 | 12 replies
I double close all my wholetail deals...closing costs are a little bit more but it is made up in the extra money earned by wholetailing it.Your brokerage may not want you doing an assignement where there would only be 1 closing and 1 HUD and especially if no commissions are going to be paid.If you do double-close you may have to hold the property 60-90 days to get around any possible lender seasoning requirements.
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2 March 2017 | 3 replies
You could sell the land contract for a discount in the marketplace if you had seasoning of six months to 12 months and there's a down payment of 10% or more There maybe Dodd frank issues as far as "owner occupant seller financing"@Mike Doran
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11 May 2017 | 11 replies
Rates for a no-seasoning on title, no-income portfolio loan, assuming good credit will be in the mid-7's with points on a 30 year amortization vs. the 5's at a bank.Feel free to PM me if you want a deeper dive into the numbers.Stephanie
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2 March 2017 | 4 replies
If you refi and there is enough equity and seasoning (usually at least 6 months) then you don't need to put more capital into it to cash out refi and pay off the investor.
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3 March 2017 | 6 replies
I know everyone talks about lenders wanting seasoned MFH that is rented for 6-12 months before refinancing; however, are there rules of thumb for cash out financing/home equity loan on a cash purchase SFH?
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2 March 2017 | 2 replies
stashing that cash from the HELOC into an account for a few months to season, and trying to find a good deal?
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19 January 2017 | 7 replies
There are many seasoned investors & agents on BiggerPockets that are extreamly intelagent, and have many resources to get you where you want to be.
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19 January 2017 | 1 reply
Being that VA Loans require 90 days of seasoning, I will have to hold tile for 3 months before selling.