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6 March 2024 | 12 replies
Take a look at Reno, it's is a solid area for rentals because of the limited new construction, tech and manufacturing jobs moving to the area (Tesla, Apple, Switch etc.) along with the lithium loop of mining and recycling to manufacturing batteries and vehicles.
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7 March 2024 | 3 replies
Assuming you did not invest originally.To clarify, I am coming across some opportunities where a sponsor is in the middle of the biz plan, their loan is reaching maturity, they need extra capital, and they are attempting to raise the extra capital from other LPs rather than or in addition to a capital call.They are offering "rescue capital" investors pref equity that is ahead of original common equity investors.
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7 March 2024 | 1 reply
I am looking into purchasing my first property using an FHA Loan and doing a house hack.
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5 March 2024 | 12 replies
The loan began as land loan under my name that would be converted to all-in-one.
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7 March 2024 | 3 replies
@Aline EladIf you take funds from an investment account and sell that asset I believe you will owe taxes on that gain even if you reinvest that amount laterIf you took a loan against it then that may be differentNot tax advice and not a cpa just sharing how it has worked for me in the past.
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7 March 2024 | 15 replies
Ridge Lending All in One, first position HELOCAmericafirst 80% LTV on noo 65% LTV UtahArvest Bank AR, OK, AL, MOBank of the westBB&T will loan on a rental portfolio, tooBBVA CompassBoeing employee credit unionCalifornia: Cal Coast Credit Union and Fremont Bank.Citizens first position HELOCCMG a financial 70% LTVEast West Bank, up to 60% LTV with "no docs”Figure 80% on a rental, not in LLCFirst Florida Credit Union https://firstflorida.cumortgagecenter.comGreat Lakes Credit UnionHSBC 70%, for premier clients onlyHuntington 75% LTVHurst Lending and Insurance Investment property HELOC in Texas.
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7 March 2024 | 14 replies
We did find one local bank and they would loan on used mobile homes in very good condition in parks or on land, even if they have been moved in the past.
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7 March 2024 | 2 replies
0 down conventional loan How did you add value to the deal?
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7 March 2024 | 14 replies
Like another post said if it's after the closing, you might be required to refinance your loan to do it.
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7 March 2024 | 8 replies
Feel free to use me as a resource for any loan-related questions.John