Lily Aldridge
What are closing closing cost?
9 April 2024 | 2 replies
One strategy I like to do is build in seller credits into my offers so the loan covers the closing costs, e.g. if you wanted to offer $500K for a property, offer $510K with $10K towards closing costs and that $10K is supported by the loan and can be used on the costs I mentioned above.
William Coet
Offering on Land: How To Get Time For Due Diligence To Research Solar Companies
9 April 2024 | 2 replies
It's just like buying a house, as far as someone may ask for 2 or 3 weeks to do their inspections and get their loan approved, and then once that time period is over, then their deposit goes hard (nonrefundable) and they move towards a close.
Selina Giarla
ISO Lenders: 30 Yr Fixed or......10/1 Interest only ARM?
8 April 2024 | 35 replies
More info here:DSCR loans won't use your income to underwrite the loan.
Katelynn Quinn
So stuck on this one.... San Diego 2 Family worth it for under 1mil?
10 April 2024 | 6 replies
There is a 2 level multifamily in National City (2x 2br and 2bath) that I am super interested in using my VA Loan for.
Dillon Morrison
Cannot find a rental tenant: Ohio City, Cleveland, Ohio
8 April 2024 | 9 replies
If you have over-improved the unit for the market, it is highly unlikely that you will reap a higher rent price...the market just doesn't support it.
Art Martinez
Primary residence turned investment property
9 April 2024 | 1 reply
Originally purchased as my primary residence, using my VA loan.
Will Fahmy
FHA Not Allowing Seller To Give Me Security Deposits
9 April 2024 | 6 replies
I'm using an FHA loan to acquire a duplex.
Joseph Ribaudo
Colorado Springs - New investor excited to learn and build connections
8 April 2024 | 6 replies
I would recommend looking for homes that are for sale with FHA, VA or USDA loans as they are assumable and will save you thousands per year in interest costs!
Catie Conrad
Catie Conrad, Homeowner (I gotta say, it has a nice ring to it!)
9 April 2024 | 2 replies
I gain occupancy at the end of the month, and looking to begin on some of these projects then.I am a newborn when it comes to the real estate world, but I am trying to retain all the knowledge possible to become successful in this space - building a team, what type of real estate to enter, loan buying options and experience, location location location, you name it.
Andrew Pryor
Purchasing a primary residence with insufficient capital to meet conforming limits.
9 April 2024 | 4 replies
I assume this is in LA...have you asked about the DP required to get a high balance conforming loan?