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3 January 2025 | 11 replies
Loan interest is deductible based on the use of the loan, not the asset securing the loan.
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26 January 2025 | 5 replies
If it is with HUD, did they foreclose or is HUD servicing the loan?
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9 January 2025 | 2 replies
Investment Info:
Large multi-family (5+ units) buy & hold investment in West Allis.
Purchase price: $294,500
Cash invested: $144,000
This was my first commercial MF and off market deal. My agent ...
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2 January 2025 | 2 replies
Its a tiny loan for any institution.You'll have to get hard bids from a local GC, but maybe $110/ft?
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16 January 2025 | 17 replies
I’ve bought 5 houses from 401k loans too.
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28 January 2025 | 6 replies
The modeling of this is actually pretty easy (see link: 42-unit proforma sample), but my model treats the pre-refi loan as I/O, but that can be updated based on your deal.
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18 January 2025 | 9 replies
A bank will not give you the $ as you have to show ability to repay the loan.
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28 January 2025 | 1 reply
Loan is 4.25%200,000 left on mortgageValue 400 conservativelyrefinanced in 2019 so about 5 years in.
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13 February 2025 | 25 replies
There is so much that goes into a successful STR beyond the very basics.Now, projections can help for people using a DSCR loan.
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17 January 2025 | 4 replies
Are there specific lenders or servicers that are more likely to call these loans?