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15 June 2018 | 4 replies
Some immediate sources are personal funds, community banks, friends and family, hard money lenders, crowdfunding, etc.4.
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27 June 2018 | 5 replies
Im very new to loan and bank language, so forgive me.
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4 July 2018 | 3 replies
From talking to someone who also is fairly new in this field, I found that all major banks he went to told him they didn't offer Cash-out refinances on rental property.Does RBFCU offer CORE-Fi on investment properties?
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14 June 2018 | 1 reply
Here is the story:I have 90K cashI'm looking to buy an investment property for cash flowMy credit score is great (above 800)I don't have any debtIt's the first house I'm buying Trying to get a mortgageThe problem: my income is low, 25K a year.In this conditions the banks wouldn't give me a mortgage since they say that my income minus my current rent and other expenses doesn't leave me any cash for a mortgage payment even that I would be renting out the property I'm buying and that would cover the mortgage.Any ideas how to get a mortgage with those numbers assuming I'm not going for primary house?
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18 June 2018 | 3 replies
Purchase price: $175,000Recent bank Appraisal: $230,00It now rents for $1150 a unit.
14 June 2018 | 8 replies
For the last 8 years, I have been working in banking.
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14 June 2018 | 6 replies
Would love to get some help :)I have 90K cashIt's the first house I'm buyingLooking for an investment property for cash flowI don't have any debtMy income is only 25K a year.The banks wouldn't give me a mortgage since they say that my income minus my current rent and other expenses doesn't leave me any cash for a mortgage payment even that I would be renting out the property I'm buying and that would cover the mortgage.Any ideas how to get a mortgage with those numbers assuming I'm not going for primary house?
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14 June 2018 | 5 replies
That is by far what I tell everyone first, you don't want to put money into an investment which is, well, illegal on it's jurisdiction.
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27 June 2018 | 4 replies
Hello, I am new to real estate investing and looking for a local bank (or bankers) in Chicago (preferably the loop) for my Series LLC.
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26 June 2018 | 4 replies
Which small local bank have you had the most success when it comes to REI in the Quad Cities?