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22 May 2024 | 10 replies
You will also want to confirm the loan and asset values minimus.
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22 May 2024 | 3 replies
I have no idea how much equity they have on the property.So say the property is listed at $500K, can you get a DSCR loan for say the 70% first position, and have the seller finance the 30% down payment in second position, all while they're trying to 1031 that property into another another one.Assuming it *is* possible, what would the benefits be for the seller, tax-wise or what would be the ideal strategy here for both buyer and seller?
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23 May 2024 | 12 replies
I'd drive around the and find a few multifamily communities that you could see your self living.From a financing perspective, new agency guidelines are allowing for a 5% down conventional loan product on properties less than four units.
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20 May 2024 | 6 replies
When starting out, but owning an entire property outright with added improvements, would it be better to cash-out refi or get a HELOC?
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20 May 2024 | 3 replies
I have a legal business in the U.S. that has been open 1.5 years and I'm wondering if anyone has any good recommendations for a personal or business loan that will give me the best rate for this purchase?
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23 May 2024 | 4 replies
My current loan is at 2.68% so no way I want to refinance on that one.
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22 May 2024 | 13 replies
When preparing for the appeal, gather all documentation that supports your case, including the recent appraisals, receipts for repairs and improvements, and any other relevant documents.
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23 May 2024 | 8 replies
This can either be done in cash or through another loan.
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22 May 2024 | 6 replies
I currently have a Ginnie Mae loan and I would like to transfer title of the house to an LLC.
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21 May 2024 | 2 replies
I just want to improve my knowledge of the terminology and process when it comes to being a broker.