Gordon Middleton
Insurance coverage of improvements with unlicensed team
29 February 2024 | 10 replies
He'll bring with him one two day laborers to help with some of the heavy lifting, but mostly will perform the work alone.
Benjamin Giles
10% Down Second Home/Vacation Home Loan...Anyone seen this offered recently?
29 February 2024 | 7 replies
Hey All,Wondering if anyone has seen this out there in the last month or if anyone has a referral of any banks currently offering this loan option?
Justin Goodin
10 years ago people said this about real estate
3 March 2024 | 22 replies
I'd say that's probably my upper limit of cash for REI as well but considering I can loan money my actual investment could be more.
John Peppard
Rental property, does higher down payment make sense
2 March 2024 | 6 replies
At 25% down I’m looking at roughly $2300 for principal, insurance, and taxes per month on a 30 year loan at 7.6%.
Shantanu R.
Mixed Use property Acquisition & Construction Financing
1 March 2024 | 6 replies
What you are seeking here is an acquisiton/bridge loan.
David Yandel
Just getting started
1 March 2024 | 6 replies
My wife keeps telling me about a $0 down payment loan option that she’s been hearing about where if you can show that the rent will be greater than the mortgage, this type of loan will require $0 down or lower than the 20/25% requirement.
Zachary Cain Humphrey
Using a HELOC to purchase land for ground up construction cabin project
1 March 2024 | 1 reply
I have about 60K in Heloc money I could use to purchase land lot in the Red River Gorge of Campton KY, pay that land off with the heloc, then use that paid off land to secure a construction loan from the bank or PM lender for a new ground up build.
Phillip Behrens
Transfer title of properties to LLC in PA
2 March 2024 | 16 replies
The only reasons I would consider it would be to qualify for some private loan if I didn't want the loan to be under my personal name or if I was looking to finance a property before the seasoning period.
Craig Clark
Personal DTI vs Business DTI (Helocs and Refinances)
1 March 2024 | 3 replies
It would obviously be on the investor's tax returns but would the investor even need to disclose the business's holdings to the bank when applying for a loan to tap into the equity on the personal property?
Garrett Shackelford
Owner Financing Family Farm
1 March 2024 | 2 replies
What would happen to the loan if I am the sole heir to this property?