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12 June 2024 | 4 replies
I am under contract to buyOffer was made with inspection contingency Seller agreed to repair or replace furnace a week agoI asked my realtor to check on the progress of seller and they have no real news for me a week later, other than an HVAC guy was on property- per sellers realtorMy loan is conditionally approved pending appraisalI told my realtor I’m not ordering the appraisal until I am satisfied with the progress being made to fix/ replace furnacIs that unreasonable?
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11 June 2024 | 2 replies
bank loan, construction loan?
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11 June 2024 | 7 replies
Working on the rest.We rank them by Class A, B, C & D.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, we recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)
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11 June 2024 | 4 replies
Hi, Im looking to buy a house in southern california and received approval for investment loan for investment property that is a single family unit home.
9 June 2024 | 6 replies
Check in with @Joseph Chiofalo for 5+ unit loan programs.
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11 June 2024 | 5 replies
(Loan to Cost) Can you find a private guy to lend you high LTV for short term?
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11 June 2024 | 5 replies
Current Loan Balance: 100,952Interest rate: 3.75Mortgage payment + insurance/taxes: $1066Rent: $1500/monthEstimated current value: 227k Current cashflow: $369/ month, I also have a first american home warranty on it $68/month so after everything I net about $300/ month.
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11 June 2024 | 1 reply
I never applied for a Unit that big and was wondering if I should try to get a loan (even though I don't get much income right now). and if how what is the process, is there a way to get the loan without putting money down, etc. the only reason I am asking this is I have no experience in this and it practically me jumping from one house to a 14-unit and am trying to figure out if this is a right move.
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12 June 2024 | 11 replies
We took over a seller's loan, paid them some cash and began to rehab.