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10 April 2024 | 22 replies
Most of my investor clients are either house hacking, mid-term, student housing, or traditional rental.
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11 April 2024 | 31 replies
But the value that can be added in high value markets is greater than in low cost markets.My last value add (purchased Dec 2021) was purchased off market at $2.25M and was appraised at purchase at $2.5M for the loan (so on purchase I "made" $250K).
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7 April 2024 | 5 replies
I've looked at comparable rents in the area for college students and they sit between $365-425 per room rented.
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11 April 2024 | 19 replies
Secure financing through conventional mortgages, FHA loans, VA loans, or private financing.Start searching for properties that meet your investment criteria and financing options.
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8 April 2024 | 4 replies
Hello I hear their are unsecured loans I can acquire via my income history I believe they give you an income of 20% of the loan now can I pay into the debt replacing pre existing gray space the remaining 80% or will it remain outside as a new amount, hopefully that's understandable.also if I earn $30,000 annually what amount do they let me receive, thanks appreciate entirely.
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10 April 2024 | 2 replies
From a lender's perspective, we struggle to get good loan officers.
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10 April 2024 | 3 replies
You will also need to see if they have a loan on the property and how much you would be putting down.
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8 April 2024 | 8 replies
Conventional loan with FICO 620 you can buy owner occupied with 5% down.
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10 April 2024 | 26 replies
In terms of doing a house hack, you likely will want to do a 5% down loan or something similar.
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10 April 2024 | 5 replies
In every transaction the buyer would be getting money to put for a down payment and then funds from a third party are the balance of the loan.