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15 May 2024 | 2 replies
There needs to be some improvements to the forums - the organization is particularly bad, I find.
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14 May 2024 | 10 replies
Just be aware that lenders love to push these blanket loans cause they get paid on every new loan.
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16 May 2024 | 3 replies
I have a very odd situation:I basically bought a house for a friend of mine about a year ago and gave him a 5% interest only loan for the entire purchase/closing/renovation costs.Both he and I would like him to get more permanent financing.But, he does not have a social security number.
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16 May 2024 | 13 replies
DSCR loans can be expensive because of points, etc.
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16 May 2024 | 15 replies
Finding: open for conventional loan.
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17 May 2024 | 6 replies
Here's some guidanceon finding your first deal:- Define Your Criteria- Explore Financing Options: Withyour budget for a down payment, you have several financing options to explore.Conventional loans typically require a 20-25% down payment, while FHA loans forowner-occupied multifamily properties may allow for a lower down payment,around 3.5%.
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17 May 2024 | 8 replies
I have clients looking for lenders that don't require as much information to be submitted to be compliant with loans.
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14 May 2024 | 4 replies
The title of the post says "personal loan from your own LLC", but the post itself describes using a "construction loan".
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17 May 2024 | 2 replies
It effects every aspect of the property and performance- the type of loans and insurance you need will change if you don't hold the property in your personal name.
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16 May 2024 | 158 replies
Loans are based off your net income if you are a sole proprietor like myself, so the more expenses I have, the less eligible income I will have for loan calculations.Does anyone know how small to large size companies get loans?