Stefan Hirniak
LLC loans impacting DTI
26 December 2022 | 14 replies
The 1003 or loan application clearly states you attest that this is all the liabilities you have or know about and most loans to your LLC’s have recourse or require a PG (not all but often they do).If the borrower signs as an “individual,” on the mortgage or promissory note that is them as an individual pledging to repay, now if they sign as a Manager of XYZ LLC that is a different story (then there might be a separate PG document or perhaps its non recourse or not personally liable).Above is in reference to conventional financing and sure there are DSCR/rental loans out there or other types of products that dont care about DTI (non conforming products, hard money, private/portfolio etc).
Phyo Ko
First investment back against the wall. Need advice!
23 December 2022 | 57 replies
could you find a new loan product?
Rob Bergeron
State of The Louisville Market
12 December 2022 | 0 replies
We are still moving product at a pretty great rate.
Jason Carrillo
Headache-resistant cash flow markets: how do you mitigate?
31 December 2022 | 15 replies
Let them know that you are willing to do this to ensure great service and a quality product.
Ramiro Rodriguez
How do I dummy proof my cashout rehab?
5 December 2022 | 6 replies
Depending on the details of your deal you should look into DSCR or other stated income loan products if you are concerned about DTI issues.
Garrett Nuzzo
Saving for down payment
20 December 2022 | 13 replies
I look for sophisticated value adds.
Mitchell Roadruck
Mortgage Rates Dropping
20 December 2022 | 13 replies
immediate impact on buyers in our market for the small fix and flip home product we produce
Josey Aviles-Martell
What has the highest potential for asset growth?
4 December 2022 | 1 reply
Even if Russia doesn't stop exports, without international expertise allow to work and supply Russia oil and gas industry, their production can suffer over next few years.Real Estate---seems like warehouses are still strong and will continue to be in the near future....when you look at home prices and interest rates, I would think there should be increasing demand over the next five years for mobile home parks and housing.
Kyle Curtin
MASS. Low down payment loans to get started?🤯
5 December 2022 | 0 replies
https://www.hud.gov/buying/loans🤯FHA 203k (3.5% down): The 203k is a phenomenal product and alternate version of the FHA that allows you to roll your rehab costs into your loan amount.
Tyler Solomon
Forbes - Short Term Rental Article
5 December 2022 | 9 replies
@Tyler SolomonAuthor of the article: "Sebastian Rivas is the founder and Head of Product for Andes STR, a leading Short-Term Rental investments and technology firm."