Ivan Chirolla
Can a parent-in-law lend to a SDIRA (non recourse loan) from non-IRA funds?
14 February 2024 | 6 replies
Can a parent-in-law can lend to a SDIRA (non recourse loan secured by a property)?
Anthony Pantoja
HELOC for Investment Property
16 February 2024 | 7 replies
Companies like Quicken Loans or Rocket Mortgage have been known for their diverse lending options, and they might work around your requirements.
Aaron May
Does anyone have experience with Exposure Limit borrowing ?
16 February 2024 | 1 reply
My understanding about this product is that it is intended for acquiring and renovating, and then I would refinance into a more conventional loan to finance long term as I do hold properties.
David Ram
Newbie rental property investor from NY investing in Baltimore, Md
16 February 2024 | 3 replies
I will probably need to refinance to a higher rate mortgage or get another loan to finish.
Michael K Gallagher
Some fantastic Loan products for House Hackers in Central OH from Park National
14 February 2024 | 6 replies
Went to a mixer last night with a Lender I work with from Park National that I've closed a few "grant loans" with.
Nathaniel Dean Morrison
Trying to get my real estate investing started.
16 February 2024 | 2 replies
With my equity I could easily get the down payment for a rental, as well as I qualify for the VA loan, and would like to take advantage of that.I guess my question is should I focus on just one strategy, or should I just do whatever the market throws my way, whether its a rental or a flip.
Sri S.
Are Home Equity loans tax deductible if used to buy another investment property
14 February 2024 | 1 reply
You can access this equity through a few different methods, such as a Home Equity Line of Credit (HELOC), a cash-out refinance, or a home equity loan on Property A.
Chandler Calvert
Anyone heard of Corevest?
16 February 2024 | 9 replies
I started the process of a portfolio loan with Corevest and ALMOST closed with them, but due to me being a foreign (non-US) national, they were demanding a lot of things like cashflow management (all rent goes to them first, I had to ask for draws to pay for repairs), they wanted monthly reporting, and they wanted me ask my property managers to sign away their right to be paid management fee first (basically Corevest wanted to be paid before everyone else).
Sri S.
Are Home Equity loans tax deductible if used to buy another investment property
14 February 2024 | 2 replies
You can do this through a Home Equity Line of Credit (HELOC), a cash-out refinance, or a home equity loan on Property A.Tax Deductions: The interest paid on these loans is generally tax-deductible if the funds are used to buy, build, or substantially improve another investment property.
Aidan Alexandre
Where To Borrow For LLC
16 February 2024 | 4 replies
I have emailed a few hard money lenders this morning and will do research into the DSCR loans.