Alex Jones
Looking for lender that works with LLC's for vacation rentals
1 February 2022 | 5 replies
Non-QM products will allow you to keep the transactions within your LLC: DSCR, bank statement loans, asset utilization, etc...
Jent Botterman
Advice on Refinancing from an FHA to a 15 or 20 yr Conventional
31 March 2022 | 4 replies
Before the interest rates make another jump, I want to do something productive with the equity in the house.
Crystal Espinal
What kind of loan should I look into for an investment
3 February 2022 | 6 replies
Still decide first what you are investing in, then speak to a mortgage broker (not a bank as they follow conventional guidelines and usually don't offer DSCR based loans) for best asset based loan products for your asset class.
Cornelius Jamison
Setting up my 1st Rental, New Orleans SFH
3 February 2022 | 3 replies
For security I like Ring products as they are low monthly costs ($10/month), yes the equipment costs up front may be a few hundred dollars but keeping your monthly costs low will increase subsequent cashflow, traditional alarm companies can be 40 to 60 a month.
Albert Cua
HELOAN or HELOC to fund ADU or buy another SFR for STR
3 March 2022 | 6 replies
No wonder the loan officer told me it’s overwhelmingly popular product and always here it amongst investor!
Jason A.
Applying for business credit
4 February 2022 | 10 replies
. * the added trade references will add credit profile depth, as will uploading your financials* your deposit activity and use of bank products (business credit cards) shows ability to repay* bank rating is formed after 90 days of deposit activity
Max B.
Mortgage rules for renting out a vacation/second home?
2 February 2022 | 2 replies
I have seen some loan products for a second home that only allow it to be rented for 180 days as well.
Kusum Chanrai
SFH in Florida: Any kind souls up for a chat?
2 February 2022 | 4 replies
Because the market is so hot, they're producing about a half-percent monthly.
Sarah Stevens
House Hack or 4plex as My First Purchase
10 February 2022 | 13 replies
As you mentioned, this also opens up the option of using a low down conventional loan product vs FHA.
Tuli Green
Good market for short term rental can put 40-50k down
1 March 2022 | 29 replies
@Michael Weigum What return do these condos produce?