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1 April 2024 | 6 replies
Lets say: 200k to buy and $50k for rehab - thats $250k loan.
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1 April 2024 | 5 replies
Would a 203k loan work in this situation or do I have to apply for a personal loan?
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3 April 2024 | 14 replies
It doesn't sound like a bridge loan.
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4 April 2024 | 32 replies
Also, does it require cash to close or can be done through loan too?
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4 April 2024 | 3 replies
I have a prospective tenant that filled out an application.However I need some advice on qualifying this individual.The current rent is 3600The applicant is a family The Spouse doesnt work The main applicant gross W2 income is around $10000 monthThe monthly net income is $5700No car loan's No credit cards balancesThey pay $800 month on a personal loan.Since a rent check is written after net income is received.
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3 April 2024 | 7 replies
My current home loan is a heloc and its pretty much maxed out from using it for a down payment on the first property and its also climbed to 9% so I need to get it redone to a traditional mortgage and get the rate down on it.
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4 April 2024 | 7 replies
Be sure you have the tools necessary to manage the loan properly.
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4 April 2024 | 14 replies
I worked with one lender who did NOT require title insurance on smaller loans under $75k.
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3 April 2024 | 3 replies
Hi Forrest,Our office is in CA but we can do flip loans in most states including VT!
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3 April 2024 | 0 replies
For this, I will most likely need a Hard Money loan and/or Bridge Loan on top of a Conventional Loan.Does anyone have a solid spreadsheet that I can calculate multiple loans within one cash flow analysis?