
13 April 2024 | 7 replies
I smell a refi in your pipeline a year or so from now, remember this isn't a home loan, so "two years of tax returns showing a profit" is NOT a hard/fast rule at all to get the best terms.

11 April 2024 | 9 replies
However, this is simply just a fix n flip loan, not a DSCR loan.

14 April 2024 | 28 replies
Both to scale better, and because it gets me into a price point where the asset is underwritten more than the borrower, and non-recourse loans are easier to find.There are not a ton available, and those that do hit the market have not piqued my interest.

15 April 2024 | 35 replies
@Daryl CorreiaWhile 5% down investor loans may be available, the rates will be high as will the monthly payment, resulting in significant monthly losses.Below is a (over simplified) table showing the down payment rate, debt service, taxes (0.55% of the purchase price), and insurance ($700 per year), assuming a monthly rent of $2,200, and a purchase price of $400,000.

13 April 2024 | 1 reply
I work in property management so many of the people on my referral list are brokers, mortgage loan officers, and leasing agents.

10 April 2024 | 5 replies
We have a 7.125% rate on a 250K loan.

10 April 2024 | 8 replies
Has any one used Lending One for a rental loan?

10 April 2024 | 1 reply
Hey guys, looking for some information from any veterans in the community that have used their VA loan for an investment property.

13 April 2024 | 0 replies
We were able to do a low down payment loan with closing cost assistance.

12 April 2024 | 7 replies
One of which wants cash reserves of 30k on a 200k loan to get going.