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12 July 2024 | 2 replies
Borrowers that purchased during the last 24 months, particularly with alternative mortgages such as DSCR loans at elevated rates could see worthwhile refinancing scenarios in the very near term just as any early payoff penalties are expiring.
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13 July 2024 | 9 replies
Without knowing all the info, I would lean towards holding it and taking a loan against it to use for other investments.
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12 July 2024 | 8 replies
@Jorge GarciaI would look into bringing on a partner if possible or getting a different type of loan than refinancing your homeHave you also looked into a HELOC as well so you can keep your first mortgage ?
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8 July 2024 | 11 replies
The employment GAP isn't always an issue as long as you're now a W2 employee, can show 30 days of pay stubs (not self employed), and you can provide a letter of explanation stating the cause of the employment gap.For a VA loan, in order to use the rental income from the other units you'll need:1.
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10 July 2024 | 10 replies
I have a conventional 30 year loan on the old house(lived there for 2+ years) and private loan on the new one for now.
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9 July 2024 | 0 replies
Investment Info:Single-family residence private money loan investment in Sherman Oaks.
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10 July 2024 | 3 replies
The way I understand it, you can own another home and still qualify for Fannie Mae's 5% down payment option for multifamily properties, provided you meet certain conditions.
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12 July 2024 | 12 replies
He has a professional designer join him in a handful of the sessions and she provides some actionable recommendations that may give you some confidence to do the design yourself.Another quick thing to look into is a subscription with a company like Minoan.
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12 July 2024 | 23 replies
When you have a loan on an RE, you have it leveraged meaning you “own” it without having “paid” the full cost.
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13 July 2024 | 21 replies
I review and update my listings regularly, use all the features provided, post excellent photos, etc.