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2 February 2025 | 14 replies
Depending on your current rate or if the current loan is short term or long term.
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19 February 2025 | 7 replies
It is easy to underestimate the timeline.It is easy to underestimate loan costs.
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14 February 2025 | 161 replies
Is it because the loan you assume after a cash-out refinance is more likely to be higher than your gross cash flow?
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19 February 2025 | 2 replies
Fannie Mae (the Federal National Mortgage Association) and Freddie Mac (the Federal Home Loan Mortgage Corporation) are two government-sponsored enterprises (GSEs), established in 1938 and 1970, respectively.
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1 February 2025 | 56 replies
It’s because having cash available doesn’t not necessarily mean the borrower has the credit CAPACITY to obtain a loan.
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15 January 2025 | 9 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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23 February 2025 | 9 replies
You do have to keep an eye on your write offs to ensure you are showing a good NOI and not using too many write offs to show enough income to use for bank/lender underwriting on a mortgage/loan.
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22 February 2025 | 18 replies
I have used HELOC's and Stock Margin to purchase properties before since my wife and I no longer have a W2, DSCR loans will be the primary resource.
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2 February 2025 | 0 replies
Purchase price: $240,000 Cash invested: $60,000 purchased this distressed duplex using owner financing for $240K and a $60K hard money loan for renovations.
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17 February 2025 | 8 replies
We currently have a DSCR loan on this property and paid $180k for it.