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Results (10,000+)
Brian Bailey STR Rental @ $356k Purchase / $56k Annual rental income - 90% LTV DSCR Options?
15 December 2024 | 5 replies
Credit 700+, bank statements available, good liquidity position (almost enough in cash to purchase the property - but obviously know that's idiotic).  
Austin Tess New property questions!
7 December 2024 | 7 replies
Attached is the link to the form. 
William F. Open reviews on land investing programs
17 December 2024 | 13 replies
Horse stable in the middle of LA, 20 acres 1/2 swamp next to major airport in Florida, church with 6 acres in the middle of town, contact bank Trust departments and let them know you want to buy.  
David Little What's the best HELOC rate I can expect?
12 December 2024 | 3 replies
For a traditional Heloc at most small banks/CU's, the rate will be variable and will be WSJ Prime + a spread that represents the borrower's credit risk.
Glenn McCrorey I quit my job today
29 December 2024 | 253 replies
I used that to finance the next four before the bank cut off the HELOC at 72K.
Darron Pierson Jerryll Noorden's system
28 December 2024 | 26 replies
i am totally impressed with the way 'guru' out there trying to influence people promising there's a gold cave somewhere from 'infinite banking' to 'my own the greatest system ever' :-) I bet they save their money in the crypto token as well.
Nate Jenks Fixed vs "first responder" Adjustable rate mortgage.
11 December 2024 | 10 replies
Financing provided through this program is only available for properties located in Michigan or Florida.Available Product Type: SOFR 7/6 ARM, SOFR 10/6 ARMLoan Amount: $766,550 MaximumLTV: Purchase and No Cash Out Refinance - Maximum 99%Prepayment Penalty: NoneLoan Assumption: NoneEligible Properties: 1-unit dwellings, attached and detached condominiums, PUDsEscrow: An escrow account must be established for property taxes, and flood insurance, if requiredUnderwritingNo Private Mortgage InsuranceOccupancy – Primary residencesMinimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)Student Loans – If in deferment, no qualifying payment requiredDown payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift fundsAttached condominiums require a 10% down paymentEligible Borrowers – Protect and serve heroes are defined as employees of public or private education institutions, employees of medical and healthcare organizations, all first responders, and active or former military personnel.Servicing: Retained
Marie Copul W2 Income +500k - What's the best real estate investing strategy for me to scale?
6 January 2025 | 25 replies
You mention not a fan of landlording, great, the bank never get's involved in that stuff right. 
Garrett Karnath How to reduce prepaids/closing costs?
10 December 2024 | 5 replies
Make sure you are using an FDIC Fullly Delegated Bank
Jay Hinrichs New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
Now there is danger in that of course 1. you can miss something  2. when you go to resell if the title companies representing the bank or new buyer dont know you and they are not title company prepped deeds they may refuse to insure the next transaction as they may think the risk of title fraud is too great to take it on.